Mission Wealth Management LP Invests $2.70 Million in SPDR Portfolio S&P 500 ETF $SPLG

Mission Wealth Management LP bought a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 37,141 shares of the company’s stock, valued at approximately $2,700,000.

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

SPDR Portfolio S&P 500 ETF Trading Up 0.3%

SPLG opened at $80.24 on Monday. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14. The stock has a market capitalization of $95.49 billion, a PE ratio of 25.61 and a beta of 1.00. The firm has a 50-day moving average price of $77.93 and a two-hundred day moving average price of $73.33.

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.