Meridian Wealth Management LLC Has $7.67 Million Position in SPDR Portfolio S&P 500 ETF $SPLG

Meridian Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 105,504 shares of the company’s stock after buying an additional 5,313 shares during the quarter. Meridian Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,669,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 6.7% during the 1st quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock worth $2,759,335,000 after purchasing an additional 2,643,842 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of SPDR Portfolio S&P 500 ETF by 99.4% during the 1st quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after acquiring an additional 15,489,573 shares during the last quarter. USS Investment Management Ltd acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $1,394,006,000. Invesco Ltd. boosted its position in shares of SPDR Portfolio S&P 500 ETF by 5.0% in the 1st quarter. Invesco Ltd. now owns 16,237,931 shares of the company’s stock worth $1,067,806,000 after purchasing an additional 773,953 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 11.4% during the second quarter. Envestnet Asset Management Inc. now owns 15,884,712 shares of the company’s stock worth $1,154,660,000 after purchasing an additional 1,624,308 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPLG opened at $79.06 on Friday. The company has a market capitalization of $94.09 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The firm’s 50 day simple moving average is $78.69 and its 200 day simple moving average is $74.36. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $81.14.

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.