Accelerate Investment Advisors LLC Has $16.94 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Accelerate Investment Advisors LLC grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 245,742 shares of the company’s stock after acquiring an additional 6,196 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 14.9% of Accelerate Investment Advisors LLC’s portfolio, making the stock its largest holding. Accelerate Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $16,941,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Creative Planning lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 3.2% in the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after purchasing an additional 915,823 shares during the period. Sumitomo Life Insurance Co. lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 50.1% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after purchasing an additional 2,550,000 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 154.4% in 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 purchasing an additional 4,585,000 shares during the period. CWM LLC raised its stake in SPDR Portfolio S&P 500 ETF by 8.2% during the 3rd quarter. CWM LLC now owns 7,213,673 shares of the company’s stock worth $486,995,000 after buying an additional 547,989 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in SPDR Portfolio S&P 500 ETF by 2.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 3,962,906 shares of the company’s stock worth $267,536,000 after buying an additional 96,930 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Down 0.1 %

SPDR Portfolio S&P 500 ETF stock traded down $0.06 during mid-day trading on Monday, hitting $68.24. 5,638,798 shares of the company’s stock were exchanged, compared to its average volume of 7,629,165. The firm has a market capitalization of $39.79 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $55.26 and a fifty-two week high of $71.64. The company’s 50 day simple moving average is $70.04 and its 200-day simple moving average is $67.27.

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.