Concord Asset Management LLC VA Increases Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Concord Asset Management LLC VA raised its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,770 shares of the company’s stock after purchasing an additional 777 shares during the quarter. Concord Asset Management LLC VA’s holdings in SPDR Portfolio S&P 500 ETF were worth $930,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Peterson Financial Group Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at approximately $105,000. Accredited Investors Inc. acquired a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth $467,000. River Street Advisors LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 10.1% during the third quarter. River Street Advisors LLC now owns 74,284 shares of the company’s stock worth $5,015,000 after acquiring an additional 6,792 shares during the period. Cutler Investment Counsel LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth $3,207,000. Finally, Archer Investment Corp grew its holdings in SPDR Portfolio S&P 500 ETF by 48.3% during the third quarter. Archer Investment Corp now owns 165,969 shares of the company’s stock worth $11,205,000 after acquiring an additional 54,018 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $68.89 on Friday. The business’s fifty day moving average price is $67.71 and its 200 day moving average price is $65.02. SPDR Portfolio S&P 500 ETF has a 1-year low of $52.69 and a 1-year high of $70.59. The firm has a market capitalization of $40.17 billion, a PE ratio of 26.64 and a beta of 1.00.

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.