Cornerstone Wealth Group LLC Raises Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Cornerstone Wealth Group LLC grew its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 199.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 41,886 shares of the company’s stock after acquiring an additional 27,892 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,888,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Creative Planning lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 3.2% in the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after purchasing an additional 915,823 shares during the last quarter. Sumitomo Life Insurance Co. lifted its position in SPDR Portfolio S&P 500 ETF by 50.1% in the third quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after buying an additional 2,550,000 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives boosted its stake in SPDR Portfolio S&P 500 ETF by 154.4% during the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after buying an additional 4,585,000 shares during the period. CWM LLC increased its position in SPDR Portfolio S&P 500 ETF by 8.2% during the third quarter. CWM LLC now owns 7,213,673 shares of the company’s stock valued at $486,995,000 after acquiring an additional 547,989 shares during the last quarter. Finally, Gradient Investments LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 44.3% in the fourth quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after acquiring an additional 1,460,710 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Down 0.3 %

SPLG stock opened at $71.51 on Monday. The stock has a market cap of $41.70 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 $56.80 and a 12 month high of $71.85. The company has a 50-day moving average price of $70.20 and a 200 day moving average price of $67.65.

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.