Verdence Capital Advisors LLC Purchases 14,291 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Verdence Capital Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 105.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 27,840 shares of the company’s stock after acquiring an additional 14,291 shares during the quarter. Verdence Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,244,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Consolidated Planning Corp raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.3% during the 2nd quarter. Consolidated Planning Corp now owns 6,079 shares of the company’s stock valued at $442,000 after buying an additional 137 shares in the last quarter. Westover Capital Advisors LLC grew its position in SPDR Portfolio S&P 500 ETF by 0.4% during the second quarter. Westover Capital Advisors LLC now owns 35,931 shares of the company’s stock valued at $2,612,000 after acquiring an additional 138 shares during the last quarter. Ranch Capital Advisors Inc. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 0.7% during the second quarter. Ranch Capital Advisors Inc. now owns 21,013 shares of the company’s stock worth $1,527,000 after acquiring an additional 143 shares in the last quarter. Spirepoint Private Client LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.7% during the third quarter. Spirepoint Private Client LLC now owns 22,289 shares of the company’s stock valued at $1,746,000 after acquiring an additional 144 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 3.3% in the second quarter. International Assets Investment Management LLC now owns 4,666 shares of the company’s stock worth $339,000 after acquiring an additional 149 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Down 0.1%

Shares of SPDR Portfolio S&P 500 ETF stock opened at $81.38 on Tuesday. The company’s fifty day simple moving average is $80.24 and its two-hundred day simple moving average is $77.92. The company has a market cap of $96.85 billion, a P/E 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.

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.