Market Street Wealth Management Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 0.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 547,897 shares of the company’s stock after buying an additional 2,819 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 6.1% of Market Street Wealth Management Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Market Street Wealth Management Advisors LLC owned about 0.09% of SPDR Portfolio S&P 500 ETF worth $36,989,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the stock. Sumitomo Life Insurance Co. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth $308,840,000. Advocacy Wealth Management Services LLC lifted its position in SPDR Portfolio S&P 500 ETF by 168.5% during the first quarter. Advocacy Wealth Management Services LLC now owns 5,324,315 shares of the company’s stock worth $327,605,000 after purchasing an additional 3,341,587 shares during the period. LPL Financial LLC grew its stake in SPDR Portfolio S&P 500 ETF by 8.0% during the second quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock worth $2,056,177,000 after buying an additional 2,389,144 shares in the last quarter. Cetera Investment Advisers increased its holdings in SPDR Portfolio S&P 500 ETF by 350.8% in the 1st quarter. Cetera Investment Advisers now owns 2,223,389 shares of the company’s stock valued at $136,805,000 after buying an additional 1,730,168 shares during the period. Finally, Savant Capital LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $82,572,000.
SPDR Portfolio S&P 500 ETF Trading Up 0.4 %
NYSEARCA SPLG opened at $68.48 on Thursday. The firm’s 50 day simple moving average is $66.03 and its 200 day simple moving average is $63.71. The firm has a market capitalization of $39.93 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $48.13 and a 1 year high of $68.83.
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.
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