SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Purchased by Absolute Capital Management LLC

Absolute Capital Management LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,191 shares of the company’s stock after purchasing an additional 210 shares during the quarter. Absolute Capital Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $358,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPLG. Jones Financial Companies Lllp grew its stake in SPDR Portfolio S&P 500 ETF by 14,332.4% during the 4th quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock worth $1,074,391,000 after purchasing an additional 15,476,455 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $269,842,000. Independent Advisor Alliance boosted its position in shares of 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 acquiring an additional 2,922,219 shares in the last quarter. Natixis Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 200.4% during the 4th quarter. Natixis Advisors LLC now owns 3,179,840 shares of the company’s stock worth $219,218,000 after acquiring an additional 2,121,179 shares in the last quarter. Finally, World Investment Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 908.3% during the 3rd quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock worth $114,433,000 after acquiring an additional 1,526,942 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG opened at $66.56 on Friday. The stock has a 50-day simple moving average of $69.55 and a 200-day simple moving average of $68.93. The stock has a market cap of $55.85 billion, a P/E ratio of 24.69 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 1 year low of $58.09 and a 1 year high of $72.14.

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.