Ascent Group LLC Boosts Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Ascent Group LLC lifted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 686,907 shares of the company’s stock after acquiring an additional 1,579 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 3.5% of Ascent Group LLC’s investment portfolio, making the stock its 2nd largest holding. Ascent Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $46,373,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in SPLG. Atlas Wealth LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at $203,000. Kestra Investment Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $203,000. Lavaca Capital LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the third quarter valued at about $515,000. Encompass More Asset Management grew its stake in SPDR Portfolio S&P 500 ETF by 13.0% in the third quarter. Encompass More Asset Management now owns 6,313 shares of the company’s stock valued at $426,000 after purchasing an additional 725 shares during the last quarter. Finally, L.M. Kohn & Company lifted its position in shares of SPDR Portfolio S&P 500 ETF by 7.6% during the third quarter. L.M. Kohn & Company now owns 10,199 shares of the company’s stock valued at $689,000 after buying an additional 723 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG opened at $70.89 on Monday. The company’s 50-day simple moving average is $68.55 and its 200-day simple moving average is $65.74. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $53.31 and a fifty-two week high of $70.97. The stock has a market capitalization of $41.34 billion, a P/E ratio of 26.64 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.