Cushing Capital Partners LLC Grows Position in SPDR Portfolio S&P 500 ETF $SPLG

Cushing Capital Partners LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 15.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,702 shares of the company’s stock after buying an additional 8,409 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 3.9% of Cushing Capital Partners LLC’s portfolio, making the stock its 4th largest position. Cushing Capital Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,558,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SPLG. USS Investment Management Ltd purchased a new stake in SPDR Portfolio S&P 500 ETF during the first quarter valued at about $1,394,006,000. Jones Financial Companies Lllp boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 99.4% during the first quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after purchasing an additional 15,489,573 shares during the period. Allianz Asset Management GmbH lifted its position in SPDR Portfolio S&P 500 ETF by 38.6% during the first quarter. Allianz Asset Management GmbH now owns 12,846,198 shares of the company’s stock valued at $844,766,000 after buying an additional 3,577,176 shares during the period. LPL Financial LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 6.7% during the first quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock valued at $2,759,335,000 after acquiring an additional 2,643,842 shares in the last quarter. Finally, SCS Capital Management LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the 1st quarter worth about $167,317,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.4%

SPLG stock opened at $78.24 on Thursday. The business’s 50-day moving average price is $76.93 and its 200-day moving average price is $71.71. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $79.28. The stock has a market cap of $90.10 billion, a P/E ratio of 25.61 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF 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.