SPDR Portfolio S&P 500 ETF $SPLG Stock Position Raised by Financial Insights Inc.

Financial Insights Inc. raised its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.6% during the second quarter, Holdings Channel.com reports. The firm owned 442,147 shares of the company’s stock after purchasing an additional 49,523 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up 11.7% of Financial Insights Inc.’s investment portfolio, making the stock its largest position. Financial Insights Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $32,140,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. WealthShield Partners LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 4.3% in the 1st quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock valued at $1,904,000 after purchasing an additional 1,191 shares in the last quarter. Chemistry Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 7.5% in the 1st quarter. Chemistry Wealth Management LLC now owns 9,004 shares of the company’s stock worth $592,000 after acquiring an additional 628 shares during the period. Fiduciary Alliance LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth approximately $660,000. Advisors Capital Management LLC increased its stake in SPDR Portfolio S&P 500 ETF by 7.3% in the 1st quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock valued at $450,000 after purchasing an additional 468 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 10.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock worth $128,317,000 after purchasing an additional 187,585 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG opened at $78.73 on Friday. The business’s fifty day moving average is $76.28 and its two-hundred day moving average is $71.10. The company has a market cap of $87.22 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $79.13.

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.