Perennial Advisors LLC Raises Position in SPDR Portfolio S&P 500 ETF $SPLG

Perennial Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 36.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,358 shares of the company’s stock after purchasing an additional 15,950 shares during the period. Perennial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,650,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SPLG. Roxbury Financial LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $28,000. Clearstead Trust LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $30,000. Retirement Wealth Solutions LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the second quarter worth $32,000. GPS Wealth Strategies Group LLC raised its position in SPDR Portfolio S&P 500 ETF by 194.6% in the second quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock worth $36,000 after acquiring an additional 323 shares in the last quarter. Finally, GAMMA Investing LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the third quarter valued at $40,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG opened at $80.30 on Monday. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $81.14. The firm has a market capitalization of $95.56 billion, a P/E ratio of 25.61 and a beta of 1.00. The company’s fifty day moving average is $79.49 and its two-hundred day moving average is $76.46.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.