Pinnacle Wealth Planning Services Inc. Has $10.86 Million Position in SPDR Portfolio S&P 500 ETF $SPLG

Pinnacle Wealth Planning Services Inc. grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.9% during the second quarter, HoldingsChannel reports. The firm owned 149,342 shares of the company’s stock after buying an additional 6,965 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 1.4% of Pinnacle Wealth Planning Services Inc.’s portfolio, making the stock its 11th largest holding. Pinnacle Wealth Planning Services Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,856,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. WealthShield Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.3% during the 1st 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 during the last quarter. 49 Wealth Management LLC raised its position in SPDR Portfolio S&P 500 ETF by 23.9% during the second quarter. 49 Wealth Management LLC now owns 1,593,630 shares of the company’s stock valued at $115,841,000 after acquiring an additional 307,109 shares in the last quarter. Advisors Capital Management LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 7.3% in 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. Fiduciary Alliance LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $660,000. Finally, Vise Technologies Inc. bought a new stake in SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $1,188,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.0%

SPDR Portfolio S&P 500 ETF stock opened at $79.05 on Tuesday. The company has a market capitalization of $94.07 billion, a P/E ratio of 25.61 and a beta of 1.00. The firm’s fifty day simple moving average is $78.75 and its 200-day simple moving average is $74.58. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14.

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.