Axxcess Wealth Management LLC Has $7.84 Million Position in SPDR Portfolio S&P 500 ETF $SPLG

Axxcess Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 208.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 100,086 shares of the company’s stock after buying an additional 67,660 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,841,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPLG. Maridea Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $5,093,000. WealthCare Investment Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 2.4% in the third quarter. WealthCare Investment Partners LLC now owns 15,125 shares of the company’s stock valued at $1,189,000 after purchasing an additional 360 shares in the last quarter. Beacon Capital Management LLC lifted its position in SPDR Portfolio S&P 500 ETF by 92.3% in the third quarter. Beacon Capital Management LLC now owns 3,057 shares of the company’s stock worth $239,000 after purchasing an additional 1,467 shares during the period. Wealthcare Capital Management LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 7.6% during the third quarter. Wealthcare Capital Management LLC now owns 105,036 shares of the company’s stock worth $8,229,000 after buying an additional 7,404 shares in the last quarter. Finally, Guidance Capital Inc. boosted its stake in SPDR Portfolio S&P 500 ETF by 14.9% during the third quarter. Guidance Capital Inc. now owns 4,103 shares of the company’s stock worth $327,000 after buying an additional 533 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $80.20 on Wednesday. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $81.14. The stock has a market cap of $95.44 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The firm has a fifty day moving average of $80.91 and a 200-day moving average of $78.97.

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