SPDR Portfolio S&P 500 ETF $SPLG is Eagle Strategies LLC’s Largest Position

Eagle Strategies LLC boosted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 14.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 855,769 shares of the company’s stock after purchasing an additional 105,484 shares during the period. SPDR Portfolio S&P 500 ETF makes up about 9.5% of Eagle Strategies LLC’s investment portfolio, making the stock its biggest holding. Eagle Strategies LLC owned approximately 0.08% of SPDR Portfolio S&P 500 ETF worth $62,206,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ignite Planners LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 8.2% in the second quarter. Ignite Planners LLC now owns 3,503 shares of the company’s stock valued at $259,000 after buying an additional 266 shares in the last quarter. Valmark Advisers Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF by 7.9% in the 2nd quarter. Valmark Advisers Inc. now owns 176,445 shares of the company’s stock worth $12,826,000 after acquiring an additional 12,892 shares during the period. Somerville Kurt F acquired a new stake in SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $218,000. Louisiana State Employees Retirement System raised its stake in shares of SPDR Portfolio S&P 500 ETF by 7.2% during the second quarter. Louisiana State Employees Retirement System now owns 533,400 shares of the company’s stock valued at $38,773,000 after purchasing an additional 35,600 shares during the period. Finally, BankPlus Trust Department purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at approximately $2,279,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.6%

Shares of SPLG stock opened at $79.18 on Thursday. The firm has a fifty day simple moving average of $76.53 and a 200-day simple moving average of $71.33. The company has a market capitalization of $88.02 billion, a PE ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $79.19.

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.