Cape Investment Advisory Inc. grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 17.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,292 shares of the company’s stock after buying an additional 4,117 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 0.7% of Cape Investment Advisory Inc.’s portfolio, making the stock its 29th largest position. Cape Investment Advisory Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,881,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the company. Sumitomo Life Insurance Co. boosted its stake in SPDR Portfolio S&P 500 ETF by 18.4% in the fourth quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after acquiring an additional 1,410,000 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives boosted its position in shares of SPDR Portfolio S&P 500 ETF by 18.5% in the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock worth $617,220,000 after purchasing an additional 1,398,000 shares in the last quarter. Gradient Investments LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 44.3% in the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after purchasing an additional 1,460,710 shares in the last quarter. 1900 Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 4.8% in the 4th quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock worth $325,259,000 after purchasing an additional 213,820 shares in the last quarter. Finally, Private Advisor Group LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 4.5% in the fourth quarter. Private Advisor Group LLC now owns 4,058,916 shares of the company’s stock worth $279,822,000 after acquiring an additional 173,333 shares in the last quarter.
SPDR Portfolio S&P 500 ETF Stock Performance
Shares of NYSEARCA SPLG opened at $69.89 on Friday. The business has a 50-day simple moving average of $70.39 and a two-hundred day simple moving average of $68.84. The company has a market cap of $58.04 billion, a PE ratio of 26.92 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $58.08 and a fifty-two week high of $72.14.
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.
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