Apollon Wealth Management LLC Has $2.66 Million Position in SPDR Portfolio S&P 500 ETF $SPLG

Apollon Wealth Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 175.0% during the second quarter, Holdings Channel reports. The institutional investor owned 36,600 shares of the company’s stock after acquiring an additional 23,293 shares during the quarter. Apollon Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. WealthShield Partners LLC boosted its stake in shares of 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. Fiduciary Alliance LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $660,000. Advisors Capital Management LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 7.3% during the 1st quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock worth $450,000 after purchasing an additional 468 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 10.6% during the 1st 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. Finally, Foundations Investment Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 0.9% in the 1st quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock valued at $3,188,000 after acquiring an additional 446 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $76.84 on Monday. The stock has a 50 day simple moving average of $76.70 and a 200 day simple moving average of $71.53. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $79.28. The firm has a market capitalization of $87.51 billion, a PE ratio of 25.61 and a beta of 1.00.

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.