Commonwealth Financial Services LLC Buys 24,370 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Commonwealth Financial Services LLC boosted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 40.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,566 shares of the company’s stock after acquiring an additional 24,370 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 1.1% of Commonwealth Financial Services LLC’s portfolio, making the stock its 29th largest position. Commonwealth Financial Services LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,625,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of SPDR Portfolio S&P 500 ETF by 88.5% in the 2nd quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock valued at $4,317,929,000 after purchasing an additional 27,889,948 shares during the period. Creative Planning boosted its position 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 worth $2,263,590,000 after buying an additional 319,951 shares during the period. Jones Financial Companies Lllp grew its holdings 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 worth $2,031,308,000 after buying an additional 15,489,573 shares in the last quarter. USS Investment Management Ltd acquired a new stake in SPDR Portfolio S&P 500 ETF in the 1st quarter valued at approximately $1,394,006,000. Finally, Envestnet Asset Management Inc. raised its position 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 valued at $1,154,660,000 after buying an additional 1,624,308 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.7%

NYSEARCA:SPLG opened at $80.22 on Friday. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $81.14. The business has a 50 day moving average price of $79.96 and a two-hundred day moving average price of $77.09. The company has a market cap of $95.47 billion, a P/E ratio of 25.61 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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.