SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Stake Increased by 1900 Wealth Management LLC

1900 Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 5,125,848 shares of the company’s stock after purchasing an additional 421,721 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 28.0% of 1900 Wealth Management LLC’s holdings, making the stock its biggest holding. 1900 Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $337,076,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SPLG. Jones Financial Companies Lllp grew its position in SPDR Portfolio S&P 500 ETF by 14,332.4% during the 4th quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after purchasing an additional 15,476,455 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $269,842,000. LPL Financial LLC grew its position in SPDR Portfolio S&P 500 ETF by 10.4% during 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 during the last quarter. NorthRock Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $222,015,000. Finally, Independent Advisor Alliance lifted its stake in SPDR Portfolio S&P 500 ETF by 2,019.1% during the 4th quarter. Independent Advisor Alliance now owns 3,066,946 shares of the company’s stock valued at $211,435,000 after acquiring an additional 2,922,219 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG opened at $70.22 on Monday. The stock has a market capitalization of $68.25 billion, a P/E ratio of 24.62 and a beta of 1.01. The company’s 50-day simple moving average is $66.72 and its two-hundred day simple moving average is $68.27. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $72.14.

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.