IFP Advisors Inc Increases Stake in SPDR Portfolio S&P 500 ETF $SPLG

IFP Advisors Inc boosted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 561,432 shares of the company’s stock after acquiring an additional 10,661 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 1.2% of IFP Advisors Inc’s investment portfolio, making the stock its 8th largest holding. IFP Advisors Inc owned about 0.05% of SPDR Portfolio S&P 500 ETF worth $40,811,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. Blair William & Co. IL boosted its holdings in SPDR Portfolio S&P 500 ETF by 1.1% in the second quarter. Blair William & Co. IL now owns 103,321 shares of the company’s stock valued at $7,510,000 after acquiring an additional 1,133 shares during the last quarter. Leo Wealth LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $26,645,000. US Bancorp DE boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 13.9% during the 2nd quarter. US Bancorp DE now owns 643,254 shares of the company’s stock worth $46,758,000 after buying an additional 78,565 shares in the last quarter. Tectonic Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.3% during the 2nd quarter. Tectonic Advisors LLC now owns 253,015 shares of the company’s stock worth $18,392,000 after buying an additional 8,085 shares in the last quarter. Finally, Vontobel Holding Ltd. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $218,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPDR Portfolio S&P 500 ETF stock opened at $78.96 on Friday. The stock has a market capitalization of $88.85 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $79.28. The stock’s 50 day moving average price is $76.63 and its two-hundred day moving average price is $71.41.

SPDR Portfolio S&P 500 ETF 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.