SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is Allen Capital Group LLC’s Largest Position

Allen Capital Group LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.5% in the third quarter, HoldingsChannel reports. The firm owned 943,665 shares of the company’s stock after buying an additional 14,046 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 7.9% of Allen Capital Group LLC’s holdings, making the stock its biggest holding. Allen Capital Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $63,707,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPLG. Summit Financial Strategies Inc. grew its holdings in SPDR Portfolio S&P 500 ETF by 1.8% in the 3rd quarter. Summit Financial Strategies Inc. now owns 8,790 shares of the company’s stock valued at $593,000 after buying an additional 155 shares during the period. My Personal CFO LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.5% in the 3rd quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock valued at $2,086,000 after purchasing an additional 158 shares in the last quarter. Hofer & Associates. Inc lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 1.2% in the 2nd quarter. Hofer & Associates. Inc now owns 13,457 shares of the company’s stock valued at $861,000 after purchasing an additional 166 shares in the last quarter. Narus Financial Partners LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the 2nd quarter. Narus Financial Partners LLC now owns 24,955 shares of the company’s stock valued at $1,597,000 after purchasing an additional 167 shares in the last quarter. Finally, Sigma Planning Corp lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the 3rd quarter. Sigma Planning Corp now owns 24,240 shares of the company’s stock valued at $1,636,000 after purchasing an additional 170 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $69.83 on Friday. The business’s 50-day simple moving average is $68.07 and its 200-day simple moving average is $65.30. The firm has a market capitalization of $40.72 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1-year low of $53.31 and a 1-year high of $70.59.

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.