SPDR Portfolio S&P 500 ETF $SPLG Shares Acquired by Wise Wealth Partners

Wise Wealth Partners grew its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 214.9% during the second quarter, HoldingsChannel reports. The firm owned 219,988 shares of the company’s stock after acquiring an additional 150,135 shares during the period. SPDR Portfolio S&P 500 ETF comprises about 26.7% of Wise Wealth Partners’ investment portfolio, making the stock its biggest holding. Wise Wealth Partners’ holdings in SPDR Portfolio S&P 500 ETF were worth $15,991,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $79.01 on Tuesday. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $79.13. The business has a 50-day simple moving average of $76.36 and a 200-day simple moving average of $71.22. The company has a market cap of $87.84 billion, a PE 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.