ETF Store Inc. Raises Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

ETF Store Inc. raised its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 17,962 shares of the company’s stock after purchasing an additional 1,215 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 1.2% of ETF Store Inc.’s investment portfolio, making the stock its 17th largest holding. ETF Store Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,213,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Sumitomo Life Insurance Co. purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth $308,840,000. National Mutual Insurance Federation of Agricultural Cooperatives increased its position in SPDR Portfolio S&P 500 ETF by 154.4% in the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after purchasing an additional 4,585,000 shares during the last quarter. LPL Financial LLC increased its position in SPDR Portfolio S&P 500 ETF by 8.0% in 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 last quarter. Cetera Investment Advisers increased its position in SPDR Portfolio S&P 500 ETF by 350.8% in the first quarter. Cetera Investment Advisers now owns 2,223,389 shares of the company’s stock worth $136,805,000 after purchasing an additional 1,730,168 shares during the last quarter. Finally, Savant Capital LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the second quarter worth $82,572,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $68.89 on Monday. The company’s fifty day moving average is $67.71 and its 200 day moving average is $65.06. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $52.69 and a fifty-two week high of $70.59. The stock has a market capitalization of $40.17 billion, a PE ratio of 26.64 and a beta of 1.00.

About SPDR Portfolio S&P 500 ETF

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.