HB Wealth Management LLC Acquires New Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

HB Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, Holdings Channel.com reports. The firm bought 3,825 shares of the company’s stock, valued at approximately $264,000.

A number of other institutional investors have also recently made changes to their positions in SPLG. Bank of Montreal Can lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 8.2% in the second quarter. Bank of Montreal Can now owns 39,384 shares of the company’s stock worth $2,533,000 after acquiring an additional 2,997 shares during the period. Marshall Wace LLP bought a new position in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $2,082,000. AQR Capital Management LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 1.9% in the 2nd quarter. AQR Capital Management LLC now owns 45,157 shares of the company’s stock worth $2,890,000 after purchasing an additional 844 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 22.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,865,976 shares of the company’s stock valued at $248,350,000 after purchasing an additional 703,276 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 6.8% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 127,847 shares of the company’s stock valued at $8,182,000 after purchasing an additional 8,142 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.3 %

Shares of NYSEARCA SPLG opened at $71.51 on Friday. The company has a market capitalization of $41.70 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.80 and a twelve month high of $71.85. The firm has a fifty day simple moving average of $70.20 and a 200 day simple moving average of $67.62.

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.