Compass Financial Services Inc Acquires 17,164 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Compass Financial Services Inc raised its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 473,057 shares of the company’s stock after buying an additional 17,164 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 16.4% of Compass Financial Services Inc’s holdings, making the stock its largest position. Compass Financial Services Inc’s holdings in SPDR Portfolio S&P 500 ETF were worth $37,059,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPLG. Brighton Jones LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $311,000. Bison Wealth LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 0.4% during the fourth quarter. Bison Wealth LLC now owns 142,938 shares of the company’s stock worth $9,854,000 after acquiring an additional 630 shares during the period. HB Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 16.4% in the second quarter. HB Wealth Management LLC now owns 4,880 shares of the company’s stock valued at $355,000 after acquiring an additional 688 shares during the period. Berger Financial Group Inc grew its stake in shares of SPDR Portfolio S&P 500 ETF by 4.0% during the 2nd quarter. Berger Financial Group Inc now owns 10,846 shares of the company’s stock worth $788,000 after purchasing an additional 415 shares during the period. Finally, Duncan Williams Asset Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $66,392,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG opened at $81.40 on Tuesday. The stock has a market capitalization of $96.87 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $81.14. The company has a fifty day moving average of $80.73 and a two-hundred day moving average of $78.47.

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.