IFP Advisors Inc Purchases 10,661 Shares of SPDR Portfolio S&P 500 ETF $SPLG

IFP Advisors Inc increased its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 561,432 shares of the company’s stock after purchasing an additional 10,661 shares during the period. SPDR Portfolio S&P 500 ETF makes up 1.2% of IFP Advisors Inc’s investment portfolio, making the stock its 8th largest holding. IFP Advisors Inc’s holdings in SPDR Portfolio S&P 500 ETF were worth $40,811,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Blair William & Co. IL lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.1% in the 2nd quarter. Blair William & Co. IL now owns 103,321 shares of the company’s stock worth $7,510,000 after purchasing an additional 1,133 shares in the last quarter. Leo Wealth LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth $26,645,000. US Bancorp DE lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 13.9% in the 2nd quarter. US Bancorp DE now owns 643,254 shares of the company’s stock worth $46,758,000 after purchasing an additional 78,565 shares in the last quarter. Tectonic Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.3% in the 2nd quarter. Tectonic Advisors LLC now owns 253,015 shares of the company’s stock worth $18,392,000 after purchasing an additional 8,085 shares in the last quarter. Finally, Vontobel Holding Ltd. bought a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth $218,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.3%

Shares of SPLG opened at $78.96 on Friday. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $79.28. The business’s fifty day moving average is $76.63 and its 200 day moving average is $71.41. The stock has a market cap of $88.85 billion, a P/E ratio of 25.61 and a beta of 1.00.

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.