Kestra Investment Management LLC Invests $203,000 in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Kestra Investment Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 3,009 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 55.0% during the second quarter. Mather Group LLC. now owns 4,868 shares of the company’s stock worth $300,000 after buying an additional 1,728 shares in the last quarter. Fulton Bank N.A. bought a new position in SPDR Portfolio S&P 500 ETF during the second quarter worth about $311,000. NBC Securities Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF by 2.8% in the 2nd quarter. NBC Securities Inc. now owns 15,013 shares of the company’s stock valued at $960,000 after purchasing an additional 413 shares during the period. Shotwell Rutter Baer Inc bought a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $273,000. Finally, Threadgill Financial LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter worth approximately $1,476,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.0 %

NYSEARCA SPLG opened at $71.04 on Wednesday. The company has a market cap of $41.43 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The company has a 50 day moving average of $68.70 and a 200-day moving average of $65.87. SPDR Portfolio S&P 500 ETF has a 1-year low of $53.43 and a 1-year high of $71.09.

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.