LongView Wealth Management Acquires 1,281 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

LongView Wealth Management lifted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 32.9% during the first quarter, HoldingsChannel.com reports. The firm owned 5,174 shares of the company’s stock after purchasing an additional 1,281 shares during the quarter. LongView Wealth Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $318,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Creative Planning lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 1.8% in the fourth quarter. Creative Planning now owns 26,525,460 shares of the company’s stock worth $1,482,773,000 after buying an additional 467,975 shares in the last quarter. Advance Capital Management Inc. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 121.0% in the first quarter. Advance Capital Management Inc. now owns 13,167,766 shares of the company’s stock worth $810,213,000 after purchasing an additional 7,210,793 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 30.6% in the third quarter. JPMorgan Chase & Co. now owns 10,044,571 shares of the company’s stock worth $504,862,000 after purchasing an additional 2,351,596 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 94.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 8,405,094 shares of the company’s stock valued at $469,845,000 after purchasing an additional 4,080,428 shares in the last quarter. Finally, CWM LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 32.4% during the fourth quarter. CWM LLC now owns 5,921,040 shares of the company’s stock valued at $330,986,000 after buying an additional 1,450,389 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.4 %

SPLG traded down $0.25 during midday trading on Friday, hitting $63.99. 5,947,468 shares of the company traded hands, compared to its average volume of 7,719,808. The firm has a market capitalization of $37.32 billion, a PE ratio of 26.64 and a beta of 1.00. The company’s 50-day moving average is $62.05 and its 200 day moving average is $59.64. SPDR Portfolio S&P 500 ETF has a 52 week low of $48.13 and a 52 week high of $64.72.

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.