Principal Securities Inc. grew its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 13.5% in the fourth quarter, Holdings Channel reports. The firm owned 802,689 shares of the company’s stock after purchasing an additional 95,272 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 1.2% of Principal Securities Inc.’s holdings, making the stock its 10th biggest position. Principal Securities Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $55,337,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Elevation Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $26,000. Hemington Wealth Management purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $30,000. Blue Trust Inc. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at about $31,000. Highline Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at about $36,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $39,000.
SPDR Portfolio S&P 500 ETF Stock Performance
Shares of SPDR Portfolio S&P 500 ETF stock opened at $71.72 on Friday. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.06 and a 52-week high of $71.88. The company has a fifty day moving average of $70.37 and a 200-day moving average of $68.28. The stock has a market capitalization of $41.82 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.
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.
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