MMA Asset Management LLC Has $16.39 Million Position in SPDR Portfolio S&P 500 ETF $SPLG

MMA Asset Management LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 97.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 209,234 shares of the company’s stock after buying an additional 103,188 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 5.5% of MMA Asset Management LLC’s portfolio, making the stock its 3rd biggest holding. MMA Asset Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $16,391,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Clearstead Trust LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the second quarter valued at approximately $30,000. GPS Wealth Strategies Group LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 194.6% in the second quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock worth $36,000 after buying an additional 323 shares during the last quarter. GAMMA Investing LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $40,000. Elevation Wealth Partners LLC grew its stake in SPDR Portfolio S&P 500 ETF by 52.4% in the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock valued at $45,000 after buying an additional 197 shares during the last quarter. Finally, Sound Income Strategies LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 257.3% in the 3rd quarter. Sound Income Strategies LLC now owns 611 shares of the company’s stock worth $48,000 after acquiring an additional 440 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

SPDR Portfolio S&P 500 ETF stock opened at $79.71 on Friday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $81.14. The firm has a fifty day moving average price of $80.84 and a two-hundred day moving average price of $78.60. The firm has a market cap of $94.86 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

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.