MMA Asset Management LLC Buys 103,188 Shares of SPDR Portfolio S&P 500 ETF $SPLG

MMA Asset Management LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 97.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 209,234 shares of the company’s stock after acquiring an additional 103,188 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 5.5% of MMA Asset Management LLC’s holdings, making the stock its 3rd largest holding. MMA Asset Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $16,391,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SPLG. Bank of America Corp DE increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 88.5% during the 2nd quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock worth $4,317,929,000 after purchasing an additional 27,889,948 shares during the period. Kedalion Capital Management LLP acquired a new stake in SPDR Portfolio S&P 500 ETF during the second quarter worth about $509,875,000. Jones Financial Companies Lllp grew its position in SPDR Portfolio S&P 500 ETF by 15.3% during the third quarter. Jones Financial Companies Lllp now owns 50,982,604 shares of the company’s stock worth $3,968,996,000 after buying an additional 6,782,445 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new position in SPDR Portfolio S&P 500 ETF during the third quarter valued at about $320,541,000. Finally, Miracle Mile Advisors LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 46,364.0% in the 3rd quarter. Miracle Mile Advisors LLC now owns 2,796,205 shares of the company’s stock valued at $219,055,000 after acquiring an additional 2,790,187 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 1.3%

Shares of SPLG stock opened at $79.71 on Friday. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $81.14. The company has a market capitalization of $94.86 billion, a P/E ratio of 25.61 and a beta of 1.00. The stock has a 50 day moving average of $80.84 and a two-hundred day moving average of $78.60.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.