SPDR Portfolio S&P 500 ETF $SPLG Stake Lifted by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 156.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 448,435 shares of the company’s stock after buying an additional 273,331 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 2.2% of Arete Wealth Advisors LLC’s holdings, making the stock its 5th biggest position. Arete Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $35,188,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of SPLG. Brighton Jones LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $311,000. Bison Wealth LLC boosted its holdings in shares of 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 worth $9,854,000 after purchasing an additional 630 shares during the last quarter. Ignite Planners LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 8.2% in the second quarter. Ignite Planners LLC now owns 3,503 shares of the company’s stock valued at $259,000 after purchasing an additional 266 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $230,000. Finally, Tradewinds LLC. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $14,510,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $80.76 on Friday. The business’s 50 day moving average price is $81.02 and its 200 day moving average price is $79.29. The company has a market cap of $96.11 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year 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.