HB Wealth Management LLC Raises Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

HB Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 16.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,880 shares of the company’s stock after purchasing an additional 688 shares during the period. HB Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $355,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SPLG. USS Investment Management Ltd purchased a new position in SPDR Portfolio S&P 500 ETF during the first quarter worth about $1,394,006,000. Jones Financial Companies Lllp grew its holdings in SPDR Portfolio S&P 500 ETF by 99.4% during the 1st quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock worth $2,031,308,000 after acquiring an additional 15,489,573 shares in the last quarter. Allianz Asset Management GmbH grew its holdings in SPDR Portfolio S&P 500 ETF by 38.6% during the 1st quarter. Allianz Asset Management GmbH now owns 12,846,198 shares of the company’s stock worth $844,766,000 after acquiring an additional 3,577,176 shares in the last quarter. LPL Financial LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 6.7% during the 1st quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock worth $2,759,335,000 after acquiring an additional 2,643,842 shares in the last quarter. Finally, SCS Capital Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $167,317,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.4%

Shares of SPDR Portfolio S&P 500 ETF stock opened at $79.01 on Tuesday. The company has a fifty day simple moving average of $76.36 and a 200-day simple moving average of $71.22. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $79.13. The stock has a market cap of $87.84 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

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.