SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Bought by HM Payson & Co.

HM Payson & Co. grew its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 339.1% during the third quarter, Holdings Channel reports. The firm owned 603,828 shares of the company’s stock after acquiring an additional 466,306 shares during the quarter. HM Payson & Co.’s holdings in SPDR Portfolio S&P 500 ETF were worth $40,764,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. LPL Financial LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 8.0% during the second quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock worth $2,056,177,000 after purchasing an additional 2,389,144 shares during the period. Creative Planning increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.2% in the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after acquiring an additional 915,823 shares during the period. Advance Capital Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.1% in the 2nd quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock worth $868,465,000 after acquiring an additional 402,001 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 13.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock worth $658,014,000 after acquiring an additional 1,232,825 shares during the period. Finally, Sumitomo Life Insurance Co. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 50.1% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after acquiring an additional 2,550,000 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock traded down $0.77 during trading hours on Thursday, reaching $67.44. The stock had a trading volume of 1,055,939 shares, compared to its average volume of 7,126,179. The firm has a 50-day simple moving average of $66.84 and a 200-day simple moving average of $64.23. The firm has a market capitalization of $39.33 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 $48.72 and a twelve month high of $68.93.

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.