Segment Wealth Management LLC Has $1.80 Million Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Segment Wealth Management LLC raised its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 175.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,748 shares of the company’s stock after buying an additional 15,765 shares during the period. Segment Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,799,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. WealthShield Partners LLC boosted its position in SPDR Portfolio S&P 500 ETF by 4.3% in the first quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock valued at $1,904,000 after buying an additional 1,191 shares in the last quarter. Chemistry Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 7.5% during the first quarter. Chemistry Wealth Management LLC now owns 9,004 shares of the company’s stock valued at $592,000 after acquiring an additional 628 shares during the last quarter. Fiduciary Alliance LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at $660,000. Advisors Capital Management LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 7.3% during the first quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock valued at $450,000 after acquiring an additional 468 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 10.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock valued at $128,317,000 after acquiring an additional 187,585 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG stock opened at $78.73 on Friday. The company has a fifty day moving average price of $76.28 and a 200-day moving average price of $71.07. The company has a market capitalization of $87.22 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $79.13.

SPDR Portfolio S&P 500 ETF Company 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.