M&T Bank Corp Buys New Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

M&T Bank Corp bought a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,839 shares of the company’s stock, valued at approximately $384,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPLG. American Century Companies Inc. increased its holdings in SPDR Portfolio S&P 500 ETF by 6.4% in the 4th quarter. American Century Companies Inc. now owns 320,300 shares of the company’s stock valued at $22,081,000 after purchasing an additional 19,200 shares in the last quarter. Hobbs Group Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $9,946,000. Chemistry Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 7.5% in the 1st quarter. Chemistry Wealth Management LLC now owns 9,004 shares of the company’s stock valued at $592,000 after purchasing an additional 628 shares in the last quarter. Orion Portfolio Solutions LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 24.4% in the 4th quarter. Orion Portfolio Solutions LLC now owns 273,481 shares of the company’s stock valued at $18,854,000 after purchasing an additional 53,674 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 10.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock valued at $128,317,000 after purchasing an additional 187,585 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.3%

Shares of NYSEARCA SPLG opened at $73.43 on Thursday. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $73.86. The company has a market cap of $76.56 billion, a P/E ratio of 25.61 and a beta of 1.00. The stock has a fifty day moving average price of $70.70 and a 200 day moving average price of $68.55.

About SPDR Portfolio S&P 500 ETF

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.