Carnegie Investment Counsel Increases Position in SPDR Portfolio S&P 500 ETF $SPLG

Carnegie Investment Counsel increased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 13.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 373,635 shares of the company’s stock after purchasing an additional 45,696 shares during the quarter. Carnegie Investment Counsel’s holdings in SPDR Portfolio S&P 500 ETF were worth $27,160,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Roxbury Financial LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $28,000. Retirement Wealth Solutions LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $32,000. Pacifica Partners Inc. acquired a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $42,000. Crewe Advisors LLC grew its stake in SPDR Portfolio S&P 500 ETF by 246.4% in the 2nd quarter. Crewe Advisors LLC now owns 634 shares of the company’s stock valued at $46,000 after acquiring an additional 451 shares during the last quarter. Finally, Signature Resources Capital Management LLC grew its stake in SPDR Portfolio S&P 500 ETF by 57.6% in the 2nd quarter. Signature Resources Capital Management LLC now owns 717 shares of the company’s stock valued at $52,000 after acquiring an additional 262 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.6%

Shares of NYSEARCA SPLG opened at $79.01 on Friday. The stock has a market cap of $92.77 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $79.28. The company’s 50-day moving average price is $77.33 and its 200 day moving average price is $72.34.

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.