Truist Financial Corp Boosts Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Truist Financial Corp grew its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 20.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 256,725 shares of the company’s stock after buying an additional 43,436 shares during the period. Truist Financial Corp’s holdings in SPDR Portfolio S&P 500 ETF were worth $20,112,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in SPLG. Brighton Jones LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $311,000. Bison Wealth LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 0.4% during the 4th quarter. Bison Wealth LLC now owns 142,938 shares of the company’s stock valued at $9,854,000 after acquiring an additional 630 shares during the period. HB Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 16.4% in the second quarter. HB Wealth Management LLC now owns 4,880 shares of the company’s stock worth $355,000 after purchasing an additional 688 shares during the last quarter. Consolidated Planning Corp boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 2.3% in the 2nd quarter. Consolidated Planning Corp now owns 6,079 shares of the company’s stock worth $442,000 after buying an additional 137 shares during the last quarter. Finally, Tower View Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 ETF by 6.8% in the second quarter. Tower View Wealth Management LLC now owns 106,348 shares of the company’s stock worth $7,730,000 after purchasing an additional 6,800 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.2%

Shares of SPLG opened at $81.65 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 stock has a market cap of $97.17 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The business has a 50-day simple moving average of $80.66 and a two-hundred day simple moving average of $78.34.

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.