SPDR Portfolio S&P 500 ETF $SPLG Position Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 19.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,565,033 shares of the company’s stock after acquiring an additional 589,746 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.34% of SPDR Portfolio S&P 500 ETF worth $259,142,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPLG. Roxbury Financial LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at $28,000. Clearstead Trust LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter worth about $30,000. Retirement Wealth Solutions LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $32,000. GPS Wealth Strategies Group LLC boosted its position in SPDR Portfolio S&P 500 ETF by 194.6% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock worth $36,000 after acquiring an additional 323 shares during the period. Finally, Pacifica Partners Inc. purchased a new position in SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at about $42,000.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG opened at $79.96 on Friday. The company has a market capitalization of $95.16 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The business’s 50-day moving average is $78.90 and its 200-day moving average is $75.14. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $81.14.

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.