Laurel Wealth Advisors LLC Has $49.99 Million Stake in SPDR Portfolio S&P 500 ETF $SPLG

Laurel Wealth Advisors LLC increased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7,168.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 687,773 shares of the company’s stock after purchasing an additional 678,311 shares during the period. Laurel Wealth Advisors LLC owned approximately 0.06% of SPDR Portfolio S&P 500 ETF worth $49,994,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in SPLG. Steward Partners Investment Advisory LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 3.4% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 124,564 shares of the company’s stock valued at $9,055,000 after purchasing an additional 4,088 shares during the period. Insigneo Advisory Services LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 6.6% during the second quarter. Insigneo Advisory Services LLC now owns 26,372 shares of the company’s stock worth $1,917,000 after buying an additional 1,626 shares during the period. Summit Global Investments grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 11.0% during the second quarter. Summit Global Investments now owns 10,954 shares of the company’s stock worth $796,000 after buying an additional 1,086 shares in the last quarter. Jefferies Financial Group Inc. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.7% during the second quarter. Jefferies Financial Group Inc. now owns 7,187 shares of the company’s stock worth $522,000 after buying an additional 320 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $157,512,000.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $78.74 on Wednesday. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14. The stock’s 50 day moving average price is $78.82 and its two-hundred day moving average price is $75.07. The stock has a market capitalization of $93.70 billion, a price-to-earnings 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.