Cobblestone Asset Management LLC Acquires 1,882 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Cobblestone Asset Management LLC grew its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,431 shares of the company’s stock after buying an additional 1,882 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 0.7% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Cobblestone Asset Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,052,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Westwind Capital bought a new position in SPDR Portfolio S&P 500 ETF in the 2nd quarter worth $26,000. Evensky & Katz LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $27,000. Tower View Wealth Management LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 416.8% during the fourth quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock worth $34,000 after buying an additional 496 shares during the period. Rakuten Securities Inc. bought a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $35,000. Finally, Harbor Investment Advisory LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 76.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock worth $39,000 after acquiring an additional 278 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 1.7 %

Shares of SPLG stock traded up $1.09 during mid-day trading on Thursday, reaching $65.05. The stock had a trading volume of 4,378,947 shares, compared to its average volume of 7,458,483. SPDR Portfolio S&P 500 ETF has a 1-year low of $48.13 and a 1-year high of $66.47. The firm has a market cap of $37.93 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The business’s fifty day moving average is $64.12 and its 200-day moving average is $61.60.

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.