Independent Wealth Network Inc. grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 19.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 141,816 shares of the company’s stock after buying an additional 23,006 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 4.0% of Independent Wealth Network Inc.’s holdings, making the stock its 2nd largest holding. Independent Wealth Network Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $9,777,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of SPLG. Creative Planning boosted its holdings in SPDR Portfolio S&P 500 ETF by 3.2% in the third quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after purchasing an additional 915,823 shares during the period. Sumitomo Life Insurance Co. grew its stake in SPDR Portfolio S&P 500 ETF by 50.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after purchasing an additional 2,550,000 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its stake in SPDR Portfolio S&P 500 ETF by 154.4% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after purchasing an additional 4,585,000 shares in the last quarter. CWM LLC grew its stake in SPDR Portfolio S&P 500 ETF by 8.2% during the 3rd quarter. CWM LLC now owns 7,213,673 shares of the company’s stock worth $486,995,000 after purchasing an additional 547,989 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in SPDR Portfolio S&P 500 ETF by 2.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 3,962,906 shares of the company’s stock worth $267,536,000 after purchasing an additional 96,930 shares in the last quarter.
SPDR Portfolio S&P 500 ETF Price Performance
SPLG opened at $71.34 on Thursday. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.80 and a 12 month high of $71.64. The stock has a market capitalization of $41.60 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The business has a fifty day moving average price of $70.09 and a 200 day moving average price of $67.52.
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.
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