Verdence Capital Advisors LLC Raises Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Verdence Capital Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 42.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,154 shares of the company’s stock after acquiring an additional 4,831 shares during the quarter. Verdence Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,091,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 8.0% during the 2nd quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock valued at $2,056,177,000 after purchasing an additional 2,389,144 shares during the last quarter. Creative Planning increased its position in SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after buying an additional 915,823 shares in the last quarter. Advance Capital Management Inc. raised its stake in SPDR Portfolio S&P 500 ETF by 3.1% in the second quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock valued at $868,465,000 after buying an additional 402,001 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF by 13.6% in the second quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock worth $658,014,000 after acquiring an additional 1,232,825 shares in the last quarter. Finally, Sumitomo Life Insurance Co. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 50.1% during the third quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after acquiring an additional 2,550,000 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.4 %

SPLG opened at $70.37 on Monday. The company has a market cap of $41.04 billion, a P/E ratio of 26.64 and a beta of 1.00. The firm’s 50-day moving average price is $67.20 and its 200-day moving average price is $64.69. SPDR Portfolio S&P 500 ETF has a 52-week low of $50.97 and a 52-week high of $70.53.

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.