Independent Advisor Alliance Grows Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Independent Advisor Alliance raised its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 27.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 144,727 shares of the company’s stock after purchasing an additional 31,260 shares during the quarter. Independent Advisor Alliance’s holdings in SPDR Portfolio S&P 500 ETF were worth $9,771,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Summit Financial Strategies Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.8% in the third quarter. Summit Financial Strategies Inc. now owns 8,790 shares of the company’s stock worth $593,000 after buying an additional 155 shares in the last quarter. My Personal CFO LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.5% in the third quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock worth $2,086,000 after buying an additional 158 shares in the last quarter. Hofer & Associates. Inc lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.2% in the second quarter. Hofer & Associates. Inc now owns 13,457 shares of the company’s stock worth $861,000 after buying an additional 166 shares in the last quarter. Narus Financial Partners LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the second quarter. Narus Financial Partners LLC now owns 24,955 shares of the company’s stock worth $1,597,000 after purchasing an additional 167 shares during the last quarter. Finally, Sigma Planning Corp increased its position in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the third quarter. Sigma Planning Corp now owns 24,240 shares of the company’s stock worth $1,636,000 after purchasing an additional 170 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.3 %

SPLG stock opened at $70.05 on Monday. The company’s 50 day moving average is $68.15 and its 200 day moving average is $65.43. The stock has a market cap of $40.85 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1-year low of $53.31 and a 1-year high of $70.59.

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.