SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Acquired by Balentine LLC

Balentine LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,817 shares of the company’s stock after buying an additional 5,547 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 0.1% of Balentine LLC’s investment portfolio, making the stock its 25th biggest holding. Balentine LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,252,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in SPLG. Creative Planning raised its position in SPDR Portfolio S&P 500 ETF by 1.8% during the 4th quarter. Creative Planning now owns 26,525,460 shares of the company’s stock worth $1,482,773,000 after buying an additional 467,975 shares during the last quarter. Advance Capital Management Inc. raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.1% during the second quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock worth $868,465,000 after purchasing an additional 402,001 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF by 94.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,405,094 shares of the company’s stock valued at $469,845,000 after purchasing an additional 4,080,428 shares during the last quarter. CWM LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 2.4% in the second quarter. CWM LLC now owns 6,665,684 shares of the company’s stock valued at $426,604,000 after purchasing an additional 156,870 shares during the last quarter. Finally, Advocacy Wealth Management Services LLC grew its position in SPDR Portfolio S&P 500 ETF by 168.5% during the 1st quarter. Advocacy Wealth Management Services LLC now owns 5,324,315 shares of the company’s stock worth $327,605,000 after purchasing an additional 3,341,587 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $64.27 on Tuesday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $66.47. The firm has a market capitalization of $37.48 billion, a P/E ratio of 26.64 and a beta of 1.00. The stock has a 50-day simple moving average of $64.63 and a two-hundred day simple moving average of $62.49.

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.