Fonville Wealth Management LLC Acquires 7,825 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Fonville Wealth Management LLC grew its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 14.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,279 shares of the company’s stock after purchasing an additional 7,825 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 1.1% of Fonville Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. Fonville Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,382,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SPLG. Brighton Jones LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $311,000. Bison Wealth LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.4% in the 4th quarter. Bison Wealth LLC now owns 142,938 shares of the company’s stock valued at $9,854,000 after acquiring an additional 630 shares in the last quarter. D.A. Davidson & CO. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 7.2% in the 1st quarter. D.A. Davidson & CO. now owns 5,460 shares of the company’s stock valued at $359,000 after acquiring an additional 366 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of SPDR Portfolio S&P 500 ETF by 188.3% in the first quarter. Bank of New York Mellon Corp now owns 255,410 shares of the company’s stock valued at $16,796,000 after acquiring an additional 166,816 shares during the last quarter. Finally, M&T Bank Corp bought a new stake in SPDR Portfolio S&P 500 ETF during the first quarter worth about $384,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG opened at $78.93 on Friday. The stock has a 50 day moving average price of $78.31 and a 200 day moving average price of $73.89. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14. The stock has a market capitalization of $93.93 billion, a PE ratio of 25.61 and a beta of 1.00.

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.