SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Sees Unusually-High Trading Volume

Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) saw unusually-high trading volume on Thursday . Approximately 4,346,281 shares changed hands during mid-day trading, a decline of 50% from the previous session’s volume of 8,742,858 shares.The stock last traded at $58.92 and had previously closed at $58.88.

SPDR Portfolio S&P 500 ETF Stock Performance

The firm’s 50-day simple moving average is $60.10 and its 200-day simple moving average is $56.02. The company has a market capitalization of $32.20 billion, a price-to-earnings ratio of 25.72 and a beta of 1.00.

Hedge Funds Weigh In On SPDR Portfolio S&P 500 ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in SPDR Portfolio S&P 500 ETF by 100.0% during the third quarter. Barclays PLC now owns 500 shares of the company’s stock worth $25,000 after purchasing an additional 250 shares during the period. Evensky & Katz LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 1st quarter worth approximately $27,000. Atlas Capital Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $28,000. Venturi Wealth Management LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $31,000. Finally, Chilton Capital Management LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $31,000.

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.