SteelPeak Wealth LLC Buys Shares of 3,178 SPDR Portfolio S&P 500 ETF $SPLG

SteelPeak Wealth LLC acquired a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,178 shares of the company’s stock, valued at approximately $231,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPLG. USS Investment Management Ltd purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the first quarter worth $1,394,006,000. Jones Financial Companies Lllp grew its stake in SPDR Portfolio S&P 500 ETF by 99.4% during the first quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after acquiring an additional 15,489,573 shares in the last quarter. Allianz Asset Management GmbH grew its stake in SPDR Portfolio S&P 500 ETF by 38.6% during the first quarter. Allianz Asset Management GmbH now owns 12,846,198 shares of the company’s stock valued at $844,766,000 after acquiring an additional 3,577,176 shares in the last quarter. LPL Financial LLC grew its stake in SPDR Portfolio S&P 500 ETF by 6.7% during the first quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock valued at $2,759,335,000 after acquiring an additional 2,643,842 shares in the last quarter. Finally, SCS Capital Management LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the first quarter valued at $167,317,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG opened at $78.96 on Friday. The stock has a market capitalization of $88.85 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The company has a fifty day moving average of $76.63 and a 200 day moving average of $71.41. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $79.28.

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.