Financial Advocates Investment Management boosted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 159,770 shares of the company’s stock after purchasing an additional 3,730 shares during the period. Financial Advocates Investment Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $11,015,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Financial Futures Ltd Liability Co. boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 3.6% in the 3rd quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock worth $15,765,000 after buying an additional 8,212 shares during the last quarter. Barclays PLC boosted its position in SPDR Portfolio S&P 500 ETF by 170.0% in the third quarter. Barclays PLC now owns 1,350 shares of the company’s stock worth $91,000 after purchasing an additional 850 shares during the last quarter. Continuum Advisory LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 1.5% during the 3rd quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock valued at $9,044,000 after purchasing an additional 1,924 shares during the period. Kingsview Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 2.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock valued at $7,784,000 after purchasing an additional 2,404 shares during the last quarter. Finally, Bleakley Financial Group LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 5.2% in the 3rd quarter. Bleakley Financial Group LLC now owns 18,669 shares of the company’s stock worth $1,260,000 after purchasing an additional 926 shares during the period.
SPDR Portfolio S&P 500 ETF Trading Up 0.4 %
SPLG opened at $71.09 on Thursday. SPDR Portfolio S&P 500 ETF has a 12-month low of $57.72 and a 12-month high of $71.85. The company has a market cap of $41.46 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The company’s 50 day moving average is $70.33 and its 200 day moving average is $67.91.
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.
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