SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Sets New 12-Month High at $66.47

Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $66.47 and last traded at $66.47, with a volume of 178730 shares. The stock had previously closed at $66.18.

SPDR Portfolio S&P 500 ETF Stock Performance

The company’s fifty day simple moving average is $64.69 and its two-hundred day simple moving average is $62.70. The stock has a market capitalization of $38.74 billion, a PE ratio of 26.64 and a beta of 1.00.

Institutional Investors Weigh In On SPDR Portfolio S&P 500 ETF

Hedge funds have recently modified their holdings of the stock. Newbridge Financial Services Group Inc. lifted its holdings in SPDR Portfolio S&P 500 ETF by 25.6% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 2,350 shares of the company’s stock worth $150,000 after buying an additional 479 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 2nd quarter worth about $45,687,000. Brown Financial Advisors purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $12,910,000. RiverFront Investment Group LLC raised its stake in SPDR Portfolio S&P 500 ETF by 0.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 1,165,661 shares of the company’s stock valued at $74,602,000 after purchasing an additional 10,625 shares during the period. Finally, New Wave Wealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter worth about $304,000.

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.