18,394 Shares in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Bought by Richmond Investment Services LLC

Richmond Investment Services LLC purchased a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,394 shares of the company’s stock, valued at approximately $1,268,000. SPDR Portfolio S&P 500 ETF accounts for 0.7% of Richmond Investment Services LLC’s investment portfolio, making the stock its 29th largest position.

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

SPDR Portfolio S&P 500 ETF Stock Down 0.6%

NYSEARCA:SPLG opened at $68.13 on Friday. The stock’s 50-day simple moving average is $65.21 and its 200 day simple moving average is $68.30. The firm has a market capitalization of $62.84 billion, a PE ratio of 24.62 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $72.14.

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.