Accelerate Investment Advisors LLC Buys New Shares in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Accelerate Investment Advisors LLC purchased a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 239,546 shares of the company’s stock, valued at approximately $16,172,000. SPDR Portfolio S&P 500 ETF makes up 15.8% of Accelerate Investment Advisors LLC’s holdings, making the stock its largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of SPLG. Hofer & Associates. Inc lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.2% in the second quarter. Hofer & Associates. Inc now owns 13,457 shares of the company’s stock worth $861,000 after buying an additional 166 shares in the last quarter. Narus Financial Partners LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 0.7% in the 2nd quarter. Narus Financial Partners LLC now owns 24,955 shares of the company’s stock worth $1,597,000 after purchasing an additional 167 shares in the last quarter. Crew Capital Management Ltd. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.2% during the 2nd quarter. Crew Capital Management Ltd. now owns 14,160 shares of the company’s stock valued at $906,000 after purchasing an additional 172 shares during the last quarter. Invst LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 1.5% during the second quarter. Invst LLC now owns 11,961 shares of the company’s stock valued at $767,000 after purchasing an additional 172 shares in the last quarter. Finally, Defined Wealth Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.4% in the second quarter. Defined Wealth Management LLC now owns 5,498 shares of the company’s stock worth $352,000 after purchasing an additional 179 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.2 %

NYSEARCA:SPLG opened at $68.30 on Monday. The business’s 50-day moving average is $65.59 and its 200 day moving average is $63.57. SPDR Portfolio S&P 500 ETF has a 12 month low of $48.13 and a 12 month high of $68.30. The company has a market capitalization of $39.83 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.