Woodmont Investment Counsel LLC Takes $2.65 Million Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Woodmont Investment Counsel LLC bought a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 43,000 shares of the company’s stock, valued at approximately $2,646,000.

A number of other institutional investors also recently modified their holdings of the company. Advance Capital Management Inc. grew its holdings in SPDR Portfolio S&P 500 ETF by 121.0% during the 1st quarter. Advance Capital Management Inc. now owns 13,167,766 shares of the company’s stock worth $810,213,000 after acquiring an additional 7,210,793 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 94.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 8,405,094 shares of the company’s stock valued at $469,845,000 after buying an additional 4,080,428 shares during the period. Advocacy Wealth Management Services LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 168.5% in the 1st quarter. Advocacy Wealth Management Services LLC now owns 5,324,315 shares of the company’s stock valued at $327,605,000 after buying an additional 3,341,587 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 30.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,044,571 shares of the company’s stock valued at $504,862,000 after buying an additional 2,351,596 shares during the period. Finally, 1900 Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 1,777.1% in the 4th quarter. 1900 Wealth Management LLC now owns 2,432,652 shares of the company’s stock valued at $135,985,000 after buying an additional 2,303,056 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG traded up $0.29 on Tuesday, reaching $64.43. The company had a trading volume of 5,257,015 shares, compared to its average volume of 7,679,796. The firm has a market capitalization of $37.57 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1-year low of $48.13 and a 1-year high of $64.72. The company’s fifty day moving average is $62.16 and its 200-day moving average is $59.77.

SPDR Portfolio S&P 500 ETF Company 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.