Commonwealth Financial Services LLC Boosts Stake in SPDR Portfolio S&P 500 ETF $SPLG

Commonwealth Financial Services LLC raised its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 60,196 shares of the company’s stock after buying an additional 3,517 shares during the period. Commonwealth Financial Services LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,376,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WealthShield Partners LLC increased its stake in SPDR Portfolio S&P 500 ETF by 4.3% in 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. Fiduciary Alliance LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $660,000. Advisors Capital Management LLC increased its stake in SPDR Portfolio S&P 500 ETF by 7.3% in the 1st quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock valued at $450,000 after buying an additional 468 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in SPDR Portfolio S&P 500 ETF by 10.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock valued at $128,317,000 after buying an additional 187,585 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its stake in SPDR Portfolio S&P 500 ETF by 0.9% in the 1st quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock valued at $3,188,000 after buying an additional 446 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 2.7%

SPDR Portfolio S&P 500 ETF stock opened at $76.84 on Friday. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $79.28. The firm has a 50 day moving average price of $76.70 and a 200-day moving average price of $71.50. The company has a market capitalization of $86.46 billion, a P/E ratio of 25.61 and a beta of 1.00.

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.