Courier Capital LLC Purchases 18,642 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Courier Capital LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 20.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 108,385 shares of the company’s stock after acquiring an additional 18,642 shares during the quarter. Courier Capital LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,669,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPLG. Lockerman Financial Group Inc. grew its stake in SPDR Portfolio S&P 500 ETF by 101.7% in the first quarter. Lockerman Financial Group Inc. now owns 10,633 shares of the company’s stock valued at $654,000 after purchasing an additional 5,361 shares in the last quarter. Procyon Advisors LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the first quarter worth $8,967,000. ERn Financial LLC raised its position in SPDR Portfolio S&P 500 ETF by 3.6% during the first quarter. ERn Financial LLC now owns 56,201 shares of the company’s stock worth $3,458,000 after acquiring an additional 1,969 shares in the last quarter. Advocacy Wealth Management Services LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 168.5% in the first quarter. Advocacy Wealth Management Services LLC now owns 5,324,315 shares of the company’s stock valued at $327,605,000 after acquiring an additional 3,341,587 shares during the last quarter. Finally, Signet Financial Management LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 2.5% in the 1st quarter. Signet Financial Management LLC now owns 15,709 shares of the company’s stock valued at $967,000 after acquiring an additional 377 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

SPDR Portfolio S&P 500 ETF stock traded down $0.24 during mid-day trading on Friday, hitting $64.00. 5,945,496 shares of the company’s stock traded hands, compared to its average volume of 7,719,793. The firm has a 50 day simple moving average of $61.93 and a two-hundred day simple moving average of $59.57. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $64.72. The stock has a market cap of $37.32 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.