94,413 Shares in SPDR Portfolio S&P 500 ETF $SPLG Bought by Encompass More Asset Management

Encompass More Asset Management acquired a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 94,413 shares of the company’s stock, valued at approximately $7,396,000. SPDR Portfolio S&P 500 ETF makes up about 1.4% of Encompass More Asset Management’s portfolio, making the stock its 17th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Mattson Financial Services LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 27.7% in the 3rd quarter. Mattson Financial Services LLC now owns 182,977 shares of the company’s stock valued at $14,334,000 after purchasing an additional 39,708 shares during the period. Trademark Financial Management LLC increased its position in SPDR Portfolio S&P 500 ETF by 8.4% during the third quarter. Trademark Financial Management LLC now owns 52,029 shares of the company’s stock worth $4,076,000 after buying an additional 4,036 shares during the period. Kavar Capital Partners Group LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 0.7% in the third quarter. Kavar Capital Partners Group LLC now owns 29,326 shares of the company’s stock valued at $2,297,000 after buying an additional 201 shares during the last quarter. Three Seasons Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $539,000. Finally, Optivise Advisory Services LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 18.0% during the third quarter. Optivise Advisory Services LLC now owns 3,965 shares of the company’s stock worth $311,000 after acquiring an additional 604 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $81.22 on Monday. The firm’s fifty day simple moving average is $79.79 and its 200-day simple moving average is $76.83. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $81.14. The stock has a market capitalization of $96.66 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.