Bank of Nova Scotia Raises Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Bank of Nova Scotia lifted its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 29.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 339,140 shares of the company’s stock after purchasing an additional 76,400 shares during the period. Bank of Nova Scotia’s holdings in SPDR Portfolio S&P 500 ETF were worth $26,568,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in SPLG. Bank of America Corp DE boosted its position in shares of SPDR Portfolio S&P 500 ETF by 88.5% in the 2nd quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock valued at $4,317,929,000 after purchasing an additional 27,889,948 shares during the period. Jones Financial Companies Lllp increased its position in SPDR Portfolio S&P 500 ETF by 15.3% during the third quarter. Jones Financial Companies Lllp now owns 50,982,604 shares of the company’s stock worth $3,968,996,000 after buying an additional 6,782,445 shares during the period. Creative Planning lifted its stake in SPDR Portfolio S&P 500 ETF by 2.9% in the third quarter. Creative Planning now owns 32,029,687 shares of the company’s stock valued at $2,509,206,000 after buying an additional 889,363 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio S&P 500 ETF by 6.2% in the third quarter. Envestnet Asset Management Inc. now owns 16,868,988 shares of the company’s stock valued at $1,321,517,000 after buying an additional 984,276 shares during the last quarter. Finally, Kedalion Capital Management LLP boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 83.7% in the third quarter. Kedalion Capital Management LLP now owns 12,884,000 shares of the company’s stock valued at $1,009,333,000 after acquiring an additional 5,869,620 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Down 0.6%

Shares of SPLG opened at $77.74 on Tuesday. The firm has a market cap of $92.51 billion, a PE ratio of 25.61 and a beta of 1.00. The company’s 50 day simple moving average is $80.78 and its 200-day simple moving average is $79.63. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $81.14.

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.