SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Acquired by GM Advisory Group LLC

GM Advisory Group LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 3,470,187 shares of the company’s stock after purchasing an additional 93,564 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 14.0% of GM Advisory Group LLC’s investment portfolio, making the stock its biggest position. GM Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $234,272,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 8.0% during the second quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock worth $2,056,177,000 after buying an additional 2,389,144 shares during the last quarter. Creative Planning grew its holdings in SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after acquiring an additional 915,823 shares during the period. Advance Capital Management Inc. raised its position in shares of SPDR Portfolio S&P 500 ETF by 3.1% during the 2nd quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock valued at $868,465,000 after acquiring an additional 402,001 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio S&P 500 ETF by 13.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock valued at $658,014,000 after acquiring an additional 1,232,825 shares during the last quarter. Finally, Sumitomo Life Insurance Co. lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 50.1% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after purchasing an additional 2,550,000 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Up 0.5 %

Shares of SPDR Portfolio S&P 500 ETF stock opened at $69.83 on Friday. The business has a fifty day simple moving average of $68.07 and a 200 day simple moving average of $65.30. The stock has a market cap of $40.72 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12 month low of $53.31 and a 12 month high of $70.59.

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.