SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Sets New 12-Month High – Here’s What Happened

SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)’s share price hit a new 52-week high on Monday . The company traded as high as $70.67 and last traded at $70.64, with a volume of 511115 shares changing hands. The stock had previously closed at $70.05.

SPDR Portfolio S&P 500 ETF Stock Performance

The firm’s 50-day simple moving average is $68.15 and its 200-day simple moving average is $65.43. The company has a market capitalization of $40.97 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

Institutional Investors Weigh In On SPDR Portfolio S&P 500 ETF

Institutional investors have recently added to or reduced their stakes in the company. Westwind Capital bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth approximately $26,000. Blue Trust Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at $31,000. ORG Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 ETF in the third quarter worth $33,000. Highline Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the third quarter worth $36,000. Finally, ORG Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $41,000.

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.