Merit Financial Group LLC lowered its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 4.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 634,431 shares of the company’s stock after selling 28,144 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 0.8% of Merit Financial Group LLC’s investment portfolio, making the stock its 27th biggest holding. Merit Financial Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $43,738,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in SPLG. National Mutual Insurance Federation of Agricultural Cooperatives boosted its position in shares of SPDR Portfolio S&P 500 ETF by 154.4% in the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after acquiring an additional 4,585,000 shares during the period. Sumitomo Life Insurance Co. grew its position in shares of SPDR Portfolio S&P 500 ETF by 50.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after purchasing an additional 2,550,000 shares in the last quarter. World Investment Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 908.3% during the third quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock worth $114,433,000 after purchasing an additional 1,526,942 shares during the period. Creative Planning increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.6% during the second quarter. Creative Planning now owns 28,576,013 shares of the company’s stock worth $1,828,865,000 after purchasing an additional 1,005,769 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $45,687,000.
SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA:SPLG opened at $70.29 on Friday. The company has a market capitalization of $40.99 billion, a P/E ratio of 26.64 and a beta of 1.00. The business’s 50 day simple moving average is $70.08 and its 200 day simple moving average is $67.41. SPDR Portfolio S&P 500 ETF has a 1 year low of $55.56 and a 1 year high of $71.64.
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.
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