Verdence Capital Advisors LLC Has $1.07 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Verdence Capital Advisors LLC decreased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,495 shares of the company’s stock after selling 659 shares during the period. Verdence Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,068,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of SPLG. Jones Financial Companies Lllp increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 14,332.4% during the fourth quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock worth $1,074,391,000 after buying an additional 15,476,455 shares in the last quarter. World Investment Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 908.3% during the third quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock worth $114,433,000 after buying an additional 1,526,942 shares in the last quarter. Gradient Investments LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 44.3% during the fourth quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after buying an additional 1,460,710 shares in the last quarter. Sumitomo Life Insurance Co. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the fourth quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after purchasing an additional 1,410,000 shares in the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.5% in the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock valued at $617,220,000 after purchasing an additional 1,398,000 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $68.60 on Thursday. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.08 and a 52-week high of $72.14. The stock has a market cap of $56.97 billion, a PE ratio of 26.92 and a beta of 1.01. The firm’s 50 day moving average price is $70.25 and its two-hundred day moving average price is $68.92.

SPDR Portfolio S&P 500 ETF 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.