Norinchukin Bank The Makes New $143.17 Million Investment in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Norinchukin Bank The bought a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,076,790 shares of the company’s stock, valued at approximately $143,174,000. SPDR Portfolio S&P 500 ETF accounts for approximately 3.0% of Norinchukin Bank The’s investment portfolio, making the stock its 7th largest position. Norinchukin Bank The owned about 0.36% of SPDR Portfolio S&P 500 ETF as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SPLG. LPL Financial LLC increased its position in SPDR Portfolio S&P 500 ETF by 10.4% in the 4th quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock worth $2,710,503,000 after purchasing an additional 3,697,646 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of SPDR Portfolio S&P 500 ETF by 14,332.4% in the 4th quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after buying an additional 15,476,455 shares in the last quarter. Invesco Ltd. increased its holdings in SPDR Portfolio S&P 500 ETF by 17.0% in the fourth quarter. Invesco Ltd. now owns 15,463,978 shares of the company’s stock worth $1,066,087,000 after buying an additional 2,250,006 shares during the last quarter. Envestnet Asset Management Inc. raised its position in SPDR Portfolio S&P 500 ETF by 14.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 12,924,595 shares of the company’s stock valued at $891,022,000 after acquiring an additional 1,635,377 shares in the last quarter. Finally, Sumitomo Life Insurance Co. lifted 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 during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.1 %

SPLG stock opened at $61.92 on Friday. The firm has a 50 day moving average of $66.38 and a two-hundred day moving average of $68.53. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $72.14. The company has a market capitalization of $57.12 billion, a price-to-earnings ratio of 23.41 and a beta of 1.01.

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.