Stegent Equity Advisors Inc. Raises Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Stegent Equity Advisors Inc. grew its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,652 shares of the company’s stock after purchasing an additional 2,913 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 2.1% of Stegent Equity Advisors Inc.’s investment portfolio, making the stock its 13th biggest position. Stegent Equity Advisors Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,044,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Sumitomo Life Insurance Co. grew its position in shares of SPDR Portfolio S&P 500 ETF by 18.4% during the fourth quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after purchasing an additional 1,410,000 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.5% in the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock valued at $617,220,000 after acquiring an additional 1,398,000 shares during the last quarter. Gradient Investments LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 44.3% in the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after acquiring an additional 1,460,710 shares during the last quarter. 1900 Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.8% in the 4th quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock valued at $325,259,000 after acquiring an additional 213,820 shares during the last quarter. Finally, Private Advisor Group LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.5% in the 4th quarter. Private Advisor Group LLC now owns 4,058,916 shares of the company’s stock valued at $279,822,000 after acquiring an additional 173,333 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.0 %

Shares of NYSEARCA:SPLG opened at $69.92 on Thursday. SPDR Portfolio S&P 500 ETF has a 12 month low of $58.08 and a 12 month high of $72.14. The company has a 50-day moving average price of $70.39 and a 200 day moving average price of $68.76. The company has a market cap of $58.06 billion, a price-to-earnings ratio of 26.92 and a beta of 1.01.

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.