SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Sets New 52-Week High at $66.47

SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)’s share price reached a new 52-week high on Tuesday . The company traded as high as $66.47 and last traded at $66.47, with a volume of 178730 shares changing hands. The stock had previously closed at $66.18.

SPDR Portfolio S&P 500 ETF Stock Up 0.4 %

The company’s 50-day simple moving average is $64.69 and its 200 day simple moving average is $62.70. The stock has a market capitalization of $38.74 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

Hedge Funds Weigh In On SPDR Portfolio S&P 500 ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. 9258 Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 ETF by 5.5% during the 4th quarter. 9258 Wealth Management LLC now owns 253,514 shares of the company’s stock worth $14,171,000 after buying an additional 13,240 shares in the last quarter. QRG Capital Management Inc. acquired a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $371,000. Principal Financial Group Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF by 2.6% during the fourth quarter. Principal Financial Group Inc. now owns 353,149 shares of the company’s stock worth $19,741,000 after purchasing an additional 8,859 shares during the last quarter. Sheaff Brock Investment Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $214,000. Finally, UBS Group AG grew its stake in SPDR Portfolio S&P 500 ETF by 10.0% in the fourth quarter. UBS Group AG now owns 694,665 shares of the company’s stock valued at $38,832,000 after purchasing an additional 62,965 shares in the last quarter.

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.