Focus Financial Network Inc. Acquires 21,364 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Focus Financial Network Inc. raised its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 347,708 shares of the company’s stock after purchasing an additional 21,364 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 1.0% of Focus Financial Network Inc.’s holdings, making the stock its 20th biggest holding. Focus Financial Network Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $23,971,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Creative Planning boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 3.2% in the third quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after buying an additional 915,823 shares during the period. Sumitomo Life Insurance Co. raised its holdings in SPDR Portfolio S&P 500 ETF by 18.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after acquiring an additional 1,410,000 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives lifted its position in shares of SPDR Portfolio S&P 500 ETF by 154.4% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after acquiring an additional 4,585,000 shares during the period. Gradient Investments LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 44.3% during the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after purchasing an additional 1,460,710 shares in the last quarter. Finally, 1900 Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 4.8% in the fourth quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock worth $325,259,000 after purchasing an additional 213,820 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Up 0.7 %

SPLG opened at $71.15 on Tuesday. The stock has a market capitalization of $41.49 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $57.72 and a twelve month high of $71.85. The company has a 50-day simple moving average of $70.36 and a 200 day simple moving average of $68.04.

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.