Bay Capital Advisors LLC Has $17.13 Million Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Bay Capital Advisors LLC raised its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 218,711 shares of the company’s stock after buying an additional 12,076 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 11.2% of Bay Capital Advisors LLC’s portfolio, making the stock its largest position. Bay Capital Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $17,134,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Investment Planning Advisors Inc. raised its position in shares of SPDR Portfolio S&P 500 ETF by 29.3% during the 3rd quarter. Investment Planning Advisors Inc. now owns 517,140 shares of the company’s stock valued at $40,513,000 after acquiring an additional 117,117 shares in the last quarter. Financial Consulate Inc. acquired a new position in SPDR Portfolio S&P 500 ETF in the third quarter worth $317,000. E&G Advisors LP increased its stake in SPDR Portfolio S&P 500 ETF by 0.8% during the third quarter. E&G Advisors LP now owns 84,826 shares of the company’s stock valued at $6,645,000 after purchasing an additional 700 shares during the last quarter. Hofer & Associates. Inc increased its stake in SPDR Portfolio S&P 500 ETF by 34.6% during the third quarter. Hofer & Associates. Inc now owns 29,969 shares of the company’s stock valued at $2,348,000 after purchasing an additional 7,712 shares during the last quarter. Finally, Ocean Park Asset Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth $161,275,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPDR Portfolio S&P 500 ETF stock opened at $80.22 on Friday. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14. The firm’s 50-day moving average is $79.95 and its 200-day moving average is $77.03. The company has a market cap of $95.47 billion, a P/E 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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.