Mayflower Financial Advisors LLC Raises Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Mayflower Financial Advisors LLC lifted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 15.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 326,998 shares of the company’s stock after acquiring an additional 43,179 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 3.4% of Mayflower Financial Advisors LLC’s portfolio, making the stock its 2nd largest holding. Mayflower Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $22,543,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Integrity Wealth Solutions LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 0.5% in the 4th quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock worth $1,975,000 after buying an additional 145 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 19.9% in the fourth quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock worth $64,000 after acquiring an additional 153 shares during the last quarter. Summit Financial Strategies Inc. grew its stake 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 acquiring an additional 155 shares during the last quarter. My Personal CFO LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 0.5% in the 3rd quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock worth $2,086,000 after purchasing an additional 158 shares during the last quarter. Finally, Sigma Planning Corp raised its position in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the 3rd 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 Stock Performance

Shares of SPLG stock opened at $71.12 on Wednesday. The company has a market capitalization of $41.47 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $56.80 and a one year high of $71.85. The company’s 50-day moving average is $70.26 and its 200 day moving average is $67.72.

About SPDR Portfolio S&P 500 ETF

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.