Spinnaker Trust Grows Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Spinnaker Trust boosted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,125,087 shares of the company’s stock after buying an additional 71,854 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 9.2% of Spinnaker Trust’s holdings, making the stock its largest holding. Spinnaker Trust owned approximately 0.18% of SPDR Portfolio S&P 500 ETF worth $166,479,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SPLG. Concord Wealth Partners boosted its stake in SPDR Portfolio S&P 500 ETF by 2.3% during the third quarter. Concord Wealth Partners now owns 20,423 shares of the company’s stock worth $1,600,000 after buying an additional 466 shares during the period. MMA Asset Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 97.3% in the 3rd quarter. MMA Asset Management LLC now owns 209,234 shares of the company’s stock worth $16,391,000 after acquiring an additional 103,188 shares during the last quarter. Thompson Davis & CO. Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 28.4% in the 3rd quarter. Thompson Davis & CO. Inc. now owns 14,700 shares of the company’s stock worth $1,152,000 after acquiring an additional 3,250 shares during the last quarter. Solitude Financial Services purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $62,345,000. Finally, Prime Capital Investment Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 46.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 61,997 shares of the company’s stock worth $4,857,000 after purchasing an additional 19,622 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 1-year low of $56.67 and a 1-year high of $81.14. The firm has a market capitalization of $94.86 billion, a P/E ratio of 25.61 and a beta of 1.00. The company’s 50-day moving average is $80.84 and its 200 day moving average is $78.60.

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.