Bank of Nova Scotia Invests $11.28 Million in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Bank of Nova Scotia purchased a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 163,030 shares of the company’s stock, valued at approximately $11,282,000.

A number of other large investors have also recently modified their holdings of SPLG. LPL Financial LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 10.4% in the 4th quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock valued at $2,710,503,000 after purchasing an additional 3,697,646 shares in the last quarter. Jones Financial Companies Lllp raised its stake in SPDR Portfolio S&P 500 ETF by 14,332.4% in the fourth quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock worth $1,074,391,000 after buying an additional 15,476,455 shares in the last quarter. Invesco Ltd. lifted its holdings in SPDR Portfolio S&P 500 ETF by 17.0% during the fourth quarter. Invesco Ltd. now owns 15,463,978 shares of the company’s stock worth $1,066,087,000 after buying an additional 2,250,006 shares during the period. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio S&P 500 ETF by 14.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 12,924,595 shares of the company’s stock valued at $891,022,000 after acquiring an additional 1,635,377 shares in the last quarter. Finally, Sumitomo Life Insurance Co. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after acquiring an additional 1,410,000 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPLG opened at $61.70 on Friday. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $72.14. The business has a fifty day moving average price of $67.40 and a 200 day moving average price of $68.73. The stock has a market capitalization of $55.69 billion, a P/E ratio of 24.63 and a beta of 1.01.

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.