SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Position Boosted by Davidson Capital Management Inc.

Davidson Capital Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 589,109 shares of the company’s stock after acquiring an additional 3,349 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 10.7% of Davidson Capital Management Inc.’s portfolio, making the stock its 3rd largest holding. Davidson Capital Management Inc. owned approximately 0.10% of SPDR Portfolio S&P 500 ETF worth $40,613,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Creative Planning boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after purchasing an additional 915,823 shares during the last quarter. Sumitomo Life Insurance Co. boosted its stake in SPDR Portfolio S&P 500 ETF by 18.4% during the fourth quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after buying an additional 1,410,000 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in SPDR Portfolio S&P 500 ETF by 154.4% during the 3rd 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 buying an additional 4,585,000 shares in the last quarter. Gradient Investments LLC increased its stake in SPDR Portfolio S&P 500 ETF by 44.3% in the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after acquiring an additional 1,460,710 shares during the last quarter. Finally, 1900 Wealth Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.8% during the 4th quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock worth $325,259,000 after acquiring an additional 213,820 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $71.20 on Wednesday. The stock has a 50 day moving average price of $70.36 and a 200-day moving average price of $68.10. SPDR Portfolio S&P 500 ETF has a one year low of $57.72 and a one year high of $71.85. The company has a market capitalization of $41.52 billion, a P/E ratio of 26.64 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.