SPDR Portfolio S&P 500 ETF $SPLG Shares Bought by Sanchez Wealth Management Group

Sanchez Wealth Management Group raised its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 53.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 58,074 shares of the company’s stock after buying an additional 20,234 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 1.0% of Sanchez Wealth Management Group’s portfolio, making the stock its 22nd biggest holding. Sanchez Wealth Management Group’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,550,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. A4 Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $4,130,000. Etesian Wealth Advisors Inc. increased its holdings in SPDR Portfolio S&P 500 ETF by 37.6% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 63,745 shares of the company’s stock valued at $4,994,000 after acquiring an additional 17,404 shares in the last quarter. American Financial Advisors LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 236.7% during the 3rd quarter. American Financial Advisors LLC now owns 35,502 shares of the company’s stock valued at $2,781,000 after acquiring an additional 24,957 shares in the last quarter. First Command Advisory Services Inc. raised its position in SPDR Portfolio S&P 500 ETF by 54.3% during the third quarter. First Command Advisory Services Inc. now owns 2,678,563 shares of the company’s stock worth $209,841,000 after acquiring an additional 942,586 shares during the last quarter. Finally, Mattson Financial Services LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 27.7% in the third quarter. Mattson Financial Services LLC now owns 182,977 shares of the company’s stock valued at $14,334,000 after purchasing an additional 39,708 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG stock opened at $81.65 on Wednesday. The company’s 50 day simple moving average is $80.89 and its 200-day simple moving average is $78.75. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $81.14. The firm has a market capitalization of $97.17 billion, a PE ratio of 25.61 and a beta of 1.00.

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.