SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Get Free Report) shares fell 0.7% during trading on Wednesday . The company traded as low as $89.40 and last traded at $89.65. Approximately 25,536,854 shares changed hands during mid-day trading, an increase of 181% from the average session volume of 9,075,672 shares. The stock had previously closed at $90.28.
SPDR Portfolio S&P 500 ETF Price Performance
The stock has a market capitalization of $106.69 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The firm has a fifty day moving average of $88.86 and a 200 day moving average of $84.99.
Institutional Investors Weigh In On SPDR Portfolio S&P 500 ETF
Several hedge funds have recently bought and sold shares of the stock. Sunbelt Securities Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $78,000. Captrust Financial Advisors lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 4.0% in the 3rd quarter. Captrust Financial Advisors now owns 182,711 shares of the company’s stock valued at $14,314,000 after purchasing an additional 7,006 shares during the period. Keystone Financial Group lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 1.9% in the 3rd quarter. Keystone Financial Group now owns 516,657 shares of the company’s stock valued at $40,475,000 after purchasing an additional 9,702 shares during the period. Kestra Private Wealth Services LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 36.6% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 16,788 shares of the company’s stock valued at $1,315,000 after purchasing an additional 4,501 shares during the period. Finally, Revere Asset Management Inc purchased a new stake in SPDR Portfolio S&P 500 ETF during the third quarter worth $89,892,000.
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.
See Also
- Five stocks we like better than SPDR Portfolio S&P 500 ETF
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Receive News & Ratings for SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
