Beckerman Institutional LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) during the third quarter, HoldingsChannel reports. The institutional investor bought 11,215 shares of the company’s stock, valued at approximately $757,000.
Several other hedge funds also recently modified their holdings of SPLG. LPL Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 8.0% during the second quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock worth $2,056,177,000 after purchasing an additional 2,389,144 shares during the period. Creative Planning increased its stake in shares of SPDR Portfolio S&P 500 ETF by 3.2% in the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after acquiring an additional 915,823 shares during the last quarter. Advance Capital Management Inc. raised its position in shares of SPDR Portfolio S&P 500 ETF by 3.1% in the 2nd quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock valued at $868,465,000 after acquiring an additional 402,001 shares during the period. Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio S&P 500 ETF by 13.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock worth $658,014,000 after acquiring an additional 1,232,825 shares during the last quarter. Finally, Sumitomo Life Insurance Co. grew its holdings in SPDR Portfolio S&P 500 ETF by 50.1% during the third quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after purchasing an additional 2,550,000 shares during the period.
SPDR Portfolio S&P 500 ETF Stock Performance
SPLG opened at $70.37 on Friday. The firm’s fifty day moving average is $67.20 and its two-hundred day moving average is $64.66. The firm has a market cap of $41.04 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $50.97 and a twelve month high of $70.53.
SPDR Portfolio S&P 500 ETF Company Profile
SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities.
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