Wealth Management Resources Inc. Buys 6,826 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Wealth Management Resources Inc. lifted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 7.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 96,497 shares of the company’s stock after buying an additional 6,826 shares during the period. SPDR Portfolio S&P 500 ETF comprises 2.4% of Wealth Management Resources Inc.’s portfolio, making the stock its 14th biggest holding. Wealth Management Resources Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,014,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC lifted 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 worth $2,759,335,000 after purchasing an additional 2,643,842 shares during the period. Jones Financial Companies Lllp lifted 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 worth $2,031,308,000 after purchasing an additional 15,489,573 shares during the period. USS Investment Management Ltd bought a new position in SPDR Portfolio S&P 500 ETF during the first quarter worth about $1,394,006,000. Invesco Ltd. lifted its stake in SPDR Portfolio S&P 500 ETF by 5.0% during the first quarter. Invesco Ltd. now owns 16,237,931 shares of the company’s stock worth $1,067,806,000 after purchasing an additional 773,953 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio S&P 500 ETF by 10.3% during the first quarter. Envestnet Asset Management Inc. now owns 14,260,404 shares of the company’s stock worth $937,764,000 after purchasing an additional 1,335,809 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Down 2.7%

Shares of SPLG opened at $76.84 on Friday. The stock has a market cap of $86.46 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $79.28. The company has a 50-day moving average price of $76.70 and a two-hundred day moving average price of $71.47.

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.