Sovran Advisors LLC Acquires 11,393 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Sovran Advisors LLC raised its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 39.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 39,939 shares of the company’s stock after acquiring an additional 11,393 shares during the period. Sovran Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,195,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in SPLG. Clearstead Trust LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $30,000. GPS Wealth Strategies Group LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 194.6% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after purchasing an additional 323 shares during the period. GAMMA Investing LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $40,000. Elevation Wealth Partners LLC grew its position in SPDR Portfolio S&P 500 ETF by 52.4% in the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock worth $45,000 after purchasing an additional 197 shares during the last quarter. Finally, Crewe Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 246.4% during the 2nd quarter. Crewe Advisors LLC now owns 634 shares of the company’s stock worth $46,000 after purchasing an additional 451 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $81.10 on Monday. The company has a 50-day simple moving average of $80.29 and a 200-day simple moving average of $78.13. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14. The firm has a market capitalization of $96.51 billion, a P/E ratio of 25.61 and a beta of 1.00.

About SPDR Portfolio S&P 500 ETF

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.