Bay Capital Advisors LLC Invests $13.15 Million in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Bay Capital Advisors LLC purchased a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 190,730 shares of the company’s stock, valued at approximately $13,149,000. SPDR Portfolio S&P 500 ETF makes up 10.6% of Bay Capital Advisors LLC’s investment portfolio, making the stock its largest holding.

A number of other large investors have also recently bought and sold shares of SPLG. Jones Financial Companies Lllp raised its position in shares of SPDR Portfolio S&P 500 ETF by 14,332.4% in the 4th quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after acquiring an additional 15,476,455 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $269,842,000. LPL Financial LLC lifted its position in SPDR Portfolio S&P 500 ETF by 10.4% during the fourth quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock worth $2,710,503,000 after acquiring an additional 3,697,646 shares during the last quarter. Independent Advisor Alliance lifted its holdings in SPDR Portfolio S&P 500 ETF by 2,019.1% during the 4th quarter. Independent Advisor Alliance now owns 3,066,946 shares of the company’s stock worth $211,435,000 after purchasing an additional 2,922,219 shares during the last quarter. Finally, Natixis Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 200.4% in the fourth quarter. Natixis Advisors LLC now owns 3,179,840 shares of the company’s stock valued at $219,218,000 after acquiring an additional 2,121,179 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG opened at $67.73 on Tuesday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $58.09 and a fifty-two week high of $72.14. The stock has a fifty day moving average price of $69.50 and a 200-day moving average price of $69.01. The company has a market cap of $56.84 billion, a price-to-earnings ratio of 24.69 and a beta of 1.01.

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.