37,021 Shares in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Acquired by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 37,021 shares of the company’s stock, valued at approximately $2,552,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in SPDR Portfolio S&P 500 ETF by 154.4% during 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 acquiring an additional 4,585,000 shares during the period. Sumitomo Life Insurance Co. raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 50.1% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after purchasing an additional 2,550,000 shares in the last quarter. World Investment Advisors LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 908.3% during the third quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock valued at $114,433,000 after purchasing an additional 1,526,942 shares during the last quarter. Gradient Investments LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 44.3% during the fourth quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after purchasing an additional 1,460,710 shares during the last quarter. Finally, Creative Planning boosted its holdings in SPDR Portfolio S&P 500 ETF by 3.6% during the second quarter. Creative Planning now owns 28,576,013 shares of the company’s stock worth $1,828,865,000 after buying an additional 1,005,769 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 1.6 %

SPLG opened at $70.39 on Monday. The firm has a market capitalization of $41.05 billion, a P/E ratio of 26.64 and a beta of 1.00. The stock has a fifty day moving average of $70.20 and a 200-day moving average of $67.65. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.80 and a 12-month high of $71.85.

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.