ARQ Wealth Advisors LLC Has $8.02 Million Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

ARQ Wealth Advisors LLC reduced its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 15.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 102,397 shares of the company’s stock after selling 18,914 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 2.4% of ARQ Wealth Advisors LLC’s holdings, making the stock its 15th biggest position. ARQ Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $8,022,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in SPDR Portfolio S&P 500 ETF by 88.5% during the 2nd quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock worth $4,317,929,000 after acquiring an additional 27,889,948 shares during the last quarter. Nissay Asset Management Corp Japan grew its position in shares of SPDR Portfolio S&P 500 ETF by 838.3% in the third quarter. Nissay Asset Management Corp Japan now owns 9,989,832 shares of the company’s stock valued at $782,603,000 after purchasing an additional 8,925,132 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of SPDR Portfolio S&P 500 ETF by 15.3% in the third quarter. Jones Financial Companies Lllp now owns 50,982,604 shares of the company’s stock worth $3,968,996,000 after purchasing an additional 6,782,445 shares during the period. Kedalion Capital Management LLP increased its stake 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 worth $1,009,333,000 after purchasing an additional 5,869,620 shares during the period. Finally, Vantagepoint Investment Advisers LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $320,541,000.

SPDR Portfolio S&P 500 ETF Stock Up 1.0%

Shares of NYSEARCA:SPLG opened at $78.52 on Wednesday. The business has a 50 day moving average price of $80.73 and a 200 day moving average price of $79.65. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $81.14. The company has a market cap of $93.44 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

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.