HBK Sorce Advisory LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 31.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 99,702 shares of the company’s stock after acquiring an additional 23,572 shares during the period. HBK Sorce Advisory LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,894,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 88.5% during the 2nd quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock worth $4,317,929,000 after purchasing an additional 27,889,948 shares during the last quarter. Creative Planning lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 1.0% during the second quarter. Creative Planning now owns 31,140,324 shares of the company’s stock valued at $2,263,590,000 after buying an additional 319,951 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 99.4% during the first quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after buying an additional 15,489,573 shares during the period. USS Investment Management Ltd acquired a new stake in SPDR Portfolio S&P 500 ETF during the first quarter worth approximately $1,394,006,000. Finally, Envestnet Asset Management Inc. grew its stake in SPDR Portfolio S&P 500 ETF by 11.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 15,884,712 shares of the company’s stock worth $1,154,660,000 after acquiring an additional 1,624,308 shares during the period.
SPDR Portfolio S&P 500 ETF Stock Performance
Shares of SPLG opened at $80.30 on Tuesday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $81.14. The company has a market capitalization of $95.56 billion, a PE ratio of 25.61 and a beta of 1.00. The stock has a fifty day moving average of $79.54 and a two-hundred day moving average of $76.53.
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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.
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