Bank of America Corp DE Boosts Stake in SPDR Portfolio S&P 500 ETF $SPLG

Bank of America Corp DE grew its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 65,441,181 shares of the company’s stock after acquiring an additional 6,039,211 shares during the period. Bank of America Corp DE owned about 0.05% of SPDR Portfolio S&P 500 ETF worth $5,126,662,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Clearstead Trust LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $30,000. Center for Financial Planning Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $37,000. Heritage Wealth Advisors acquired a new position in SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $38,000. GAMMA Investing LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the third quarter worth approximately $40,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth $43,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.6%

Shares of SPLG stock opened at $77.74 on Friday. The company has a market cap of $92.51 billion, a PE ratio of 25.61 and a beta of 1.00. The company’s fifty day simple moving average is $80.83 and its 200-day simple moving average is $79.59. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14.

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.