Apollon Wealth Management LLC Boosts Stake in SPDR Portfolio S&P 500 ETF $SPLG

Apollon Wealth Management LLC grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 144.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 89,345 shares of the company’s stock after buying an additional 52,745 shares during the period. Apollon Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,999,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $311,000. Bison Wealth LLC raised its position in SPDR Portfolio S&P 500 ETF by 0.4% during the fourth quarter. Bison Wealth LLC now owns 142,938 shares of the company’s stock worth $9,854,000 after acquiring an additional 630 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 376.7% during the first quarter. Russell Investments Group Ltd. now owns 2,417 shares of the company’s stock valued at $159,000 after acquiring an additional 1,910 shares during the last quarter. Comerica Bank lifted its stake in SPDR Portfolio S&P 500 ETF by 25.7% in the 1st quarter. Comerica Bank now owns 28,730 shares of the company’s stock worth $1,889,000 after purchasing an additional 5,878 shares in the last quarter. Finally, Trexquant Investment LP purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the first quarter valued at about $277,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.0%

NYSEARCA:SPLG opened at $81.22 on Monday. The company has a market capitalization of $96.66 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14. The stock’s fifty day moving average is $79.79 and its two-hundred day moving average is $76.83.

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