Abundance Wealth Counselors Takes $589,000 Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Abundance Wealth Counselors bought a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,550 shares of the company’s stock, valued at approximately $589,000.

Several other hedge funds have also modified their holdings of the stock. National Mutual Insurance Federation of Agricultural Cooperatives lifted its position in shares of SPDR Portfolio S&P 500 ETF by 154.4% during the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after purchasing an additional 4,585,000 shares in the last quarter. Sumitomo Life Insurance Co. increased its position in shares of SPDR Portfolio S&P 500 ETF by 50.1% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after purchasing an additional 2,550,000 shares during the last quarter. World Investment Advisors LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 908.3% during the 3rd quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock worth $114,433,000 after buying an additional 1,526,942 shares during the last quarter. Gradient Investments LLC increased its stake in SPDR Portfolio S&P 500 ETF by 44.3% during the fourth quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after purchasing an additional 1,460,710 shares during the last quarter. Finally, Crews Bank & Trust bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $66,804,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.5 %

SPLG stock opened at $70.80 on Friday. The firm’s 50-day simple moving average is $70.31 and its 200 day simple moving average is $67.77. The stock has a market cap of $41.29 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.80 and a fifty-two week high of $71.85.

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.