Brown Financial Advisors raised its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 38.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 293,768 shares of the company’s stock after buying an additional 81,582 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 8.1% of Brown Financial Advisors’ investment portfolio, making the stock its largest position. Brown Financial Advisors’ holdings in SPDR Portfolio S&P 500 ETF were worth $20,252,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the stock. Blue Trust Inc. purchased a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth about $31,000. J.W. Cole Advisors Inc. lifted its position in shares of SPDR Portfolio S&P 500 ETF by 11.4% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 43,668 shares of the company’s stock worth $2,948,000 after buying an additional 4,473 shares in the last quarter. Peterson Wealth Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 2.2% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 2,401,889 shares of the company’s stock worth $162,152,000 after buying an additional 50,765 shares in the last quarter. Colton Groome Financial Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 18.6% in the 3rd quarter. Colton Groome Financial Advisors LLC now owns 33,736 shares of the company’s stock worth $2,278,000 after buying an additional 5,286 shares during the last quarter. Finally, Lunt Capital Management Inc. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 9.4% in the third quarter. Lunt Capital Management Inc. now owns 67,116 shares of the company’s stock valued at $4,531,000 after acquiring an additional 5,783 shares in the last quarter.
SPDR Portfolio S&P 500 ETF Trading Down 0.5 %
Shares of SPDR Portfolio S&P 500 ETF stock opened at $70.26 on Tuesday. The business’s fifty day simple moving average is $70.41 and its 200 day simple moving average is $68.64. SPDR Portfolio S&P 500 ETF has a 12 month low of $58.08 and a 12 month high of $72.14. The firm has a market capitalization of $58.34 billion, a P/E ratio of 26.92 and a beta of 1.01.
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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