SPDR Portfolio S&P 500 ETF $SPLG Stake Raised by Strategic Investment Advisors MI

Strategic Investment Advisors MI boosted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1,936.0% in the third quarter, HoldingsChannel reports. The fund owned 111,310 shares of the company’s stock after buying an additional 105,843 shares during the quarter. Strategic Investment Advisors MI’s holdings in SPDR Portfolio S&P 500 ETF were worth $8,720,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Center for Financial Planning Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at about $37,000. Heritage Wealth Advisors purchased a new position in SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $38,000. GAMMA Investing LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $40,000. Wealth Watch Advisors INC acquired a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at approximately $43,000. Finally, Elevation Wealth Partners LLC increased 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 period.

SPDR Portfolio S&P 500 ETF Stock Up 0.3%

SPLG stock opened at $78.73 on Thursday. The company has a 50 day moving average of $80.68 and a two-hundred day moving average of $79.64. The company has a market cap of $93.69 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month 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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.