SPDR Portfolio S&P 500 ETF $SPLG Stake Lifted by Gradient Investments LLC

Gradient Investments LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,039,470 shares of the company’s stock after acquiring an additional 289,798 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 5.1% of Gradient Investments LLC’s investment portfolio, making the stock its biggest holding. Gradient Investments LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $324,046,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Center for Financial Planning Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $37,000. Heritage Wealth Advisors acquired a new stake in SPDR Portfolio S&P 500 ETF during the third quarter worth approximately $38,000. GAMMA Investing LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $40,000. Wealth Watch Advisors INC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $43,000. Finally, Elevation Wealth Partners LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 52.4% in the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock valued at $45,000 after buying an additional 197 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $76.33 on Monday. The firm’s fifty day moving average price is $80.53 and its 200 day moving average price is $79.69. The company has a market capitalization of $90.84 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 $81.14.

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