Buttonwood Financial Group LLC Purchases 339,834 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Buttonwood Financial Group LLC raised its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 99.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 681,693 shares of the company’s stock after buying an additional 339,834 shares during the period. SPDR Portfolio S&P 500 ETF makes up about 23.2% of Buttonwood Financial Group LLC’s holdings, making the stock its biggest holding. Buttonwood Financial Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $53,663,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SPLG. Brighton Jones LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $311,000. Bison Wealth LLC grew its stake in SPDR Portfolio S&P 500 ETF by 0.4% during the 4th quarter. Bison Wealth LLC now owns 142,938 shares of the company’s stock valued at $9,854,000 after purchasing an additional 630 shares in the last quarter. Ignite Planners LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 8.2% during the 2nd quarter. Ignite Planners LLC now owns 3,503 shares of the company’s stock worth $259,000 after purchasing an additional 266 shares during the last quarter. Vontobel Holding Ltd. acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $218,000. Finally, Blair William & Co. IL boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 1.1% during the 2nd quarter. Blair William & Co. IL now owns 103,321 shares of the company’s stock valued at $7,510,000 after buying an additional 1,133 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 2.0%

SPLG stock opened at $81.27 on Friday. The firm has a 50 day simple moving average of $80.84 and a 200-day simple moving average of $78.63. The company has a market capitalization of $96.72 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $81.14.

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.