Hutchens & Kramer Investment Management Group LLC raised its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 55.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 22,371 shares of the company’s stock after purchasing an additional 7,966 shares during the quarter. Hutchens & Kramer Investment Management Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,542,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Creative Planning increased its position in SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after purchasing an additional 915,823 shares during the period. Sumitomo Life Insurance Co. grew its position in shares of SPDR Portfolio S&P 500 ETF by 50.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after buying an additional 2,550,000 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives grew its position in shares of SPDR Portfolio S&P 500 ETF by 154.4% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after buying an additional 4,585,000 shares during the period. CWM LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 8.2% during the 3rd quarter. CWM LLC now owns 7,213,673 shares of the company’s stock worth $486,995,000 after buying an additional 547,989 shares during the period. Finally, Gradient Investments LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 44.3% during the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after buying an additional 1,460,710 shares during the period.
SPDR Portfolio S&P 500 ETF Stock Down 1.4 %
Shares of SPLG stock opened at $70.52 on Tuesday. The company has a market cap of $41.12 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.80 and a 52 week high of $71.85. The firm has a 50 day moving average of $70.20 and a 200-day moving average of $67.65.
SPDR Portfolio S&P 500 ETF 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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