Clark Capital Management Group Inc. Raises Position in SPDR Portfolio S&P 500 ETF $SPLG

Clark Capital Management Group Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 7,671,286 shares of the company’s stock after acquiring an additional 89,694 shares during the period. SPDR Portfolio S&P 500 ETF comprises about 3.8% of Clark Capital Management Group Inc.’s holdings, making the stock its 2nd biggest position. Clark Capital Management Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $600,969,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of SPLG. Clearstead Trust LLC bought a new position in SPDR Portfolio S&P 500 ETF in the second quarter valued at about $30,000. Center for Financial Planning Inc. acquired a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth about $37,000. Heritage Wealth Advisors bought a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth about $38,000. GAMMA Investing LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth about $40,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at approximately $43,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.6%

Shares of SPDR Portfolio S&P 500 ETF stock opened at $77.74 on Friday. The firm’s 50 day moving average is $80.83 and its 200 day moving average is $79.59. The firm has a market capitalization of $92.51 billion, a PE ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14.

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.