Root Financial Partners LLC Grows Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Root Financial Partners LLC raised its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,966 shares of the company’s stock after buying an additional 993 shares during the period. Root Financial Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,859,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in SPDR Portfolio S&P 500 ETF by 154.4% in the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after acquiring an additional 4,585,000 shares during the last quarter. World Investment Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 908.3% during the third quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock valued at $114,433,000 after buying an additional 1,526,942 shares during the last quarter. Gradient Investments LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 44.3% in the fourth quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after buying an additional 1,460,710 shares during the period. Sumitomo Life Insurance Co. lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after acquiring an additional 1,410,000 shares during the last quarter. Finally, Crews Bank & Trust purchased a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $66,804,000.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG opened at $71.73 on Friday. The stock’s 50 day simple moving average is $70.35 and its 200 day simple moving average is $68.17. The firm has a market cap of $41.83 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $58.06 and a 1 year high of $71.85.

SPDR Portfolio S&P 500 ETF Company 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.