Somerville Kurt F Buys New Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Somerville Kurt F purchased a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,000 shares of the company’s stock, valued at approximately $218,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. USS Investment Management Ltd purchased a new position in SPDR Portfolio S&P 500 ETF during the first quarter valued at $1,394,006,000. Jones Financial Companies Lllp lifted its stake in SPDR Portfolio S&P 500 ETF by 99.4% in the 1st quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock worth $2,031,308,000 after purchasing an additional 15,489,573 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 38.6% during the 1st quarter. Allianz Asset Management GmbH now owns 12,846,198 shares of the company’s stock valued at $844,766,000 after purchasing an additional 3,577,176 shares during the last quarter. LPL Financial LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 6.7% during the first quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock valued at $2,759,335,000 after purchasing an additional 2,643,842 shares in the last quarter. Finally, SCS Capital Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the first quarter valued at about $167,317,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.4%

Shares of SPLG stock opened at $78.72 on Wednesday. The stock has a market capitalization of $87.51 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $79.17. The stock’s 50-day moving average price is $76.44 and its 200-day moving average price is $71.27.

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.