Synergy Asset Management LLC Boosts Stake in SPDR Portfolio S&P 500 ETF $SPLG

Synergy Asset Management LLC boosted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 193.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,146 shares of the company’s stock after acquiring an additional 22,509 shares during the quarter. Synergy Asset Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,544,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of SPDR Portfolio S&P 500 ETF by 88.5% in the second 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. USS Investment Management Ltd bought a new stake in SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $1,394,006,000. Jones Financial Companies Lllp grew its stake in SPDR Portfolio S&P 500 ETF by 99.4% in the 1st 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. Kedalion Capital Management LLP bought a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth $509,875,000. Finally, Miracle Mile Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 46,364.0% in the 3rd quarter. Miracle Mile Advisors LLC now owns 2,796,205 shares of the company’s stock worth $219,055,000 after buying an additional 2,790,187 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $80.22 on Friday. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $81.14. The company has a market capitalization of $95.47 billion, a P/E ratio of 25.61 and a beta of 1.00. The company has a fifty day moving average of $79.96 and a 200-day moving average of $77.09.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.