Broadway Wealth Solutions Inc. Buys New Shares in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Broadway Wealth Solutions Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 370,357 shares of the company’s stock, valued at approximately $25,532,000. SPDR Portfolio S&P 500 ETF comprises about 19.4% of Broadway Wealth Solutions Inc.’s holdings, making the stock its largest position. Broadway Wealth Solutions Inc. owned approximately 0.06% of SPDR Portfolio S&P 500 ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPLG. LPL Financial LLC increased its position in SPDR Portfolio S&P 500 ETF by 10.4% during the 4th quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock worth $2,710,503,000 after purchasing an additional 3,697,646 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of SPDR Portfolio S&P 500 ETF by 14,332.4% in the fourth quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock worth $1,074,391,000 after buying an additional 15,476,455 shares during the period. Sumitomo Life Insurance Co. grew its holdings in SPDR Portfolio S&P 500 ETF by 18.4% during the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after purchasing an additional 1,410,000 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives increased its position in shares of SPDR Portfolio S&P 500 ETF by 18.5% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock worth $617,220,000 after acquiring an additional 1,398,000 shares during the last quarter. Finally, Financial Engines Advisors L.L.C. lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.4% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 5,014,392 shares of the company’s stock worth $345,692,000 after acquiring an additional 19,303 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.3 %

SPLG stock opened at $66.91 on Friday. The company has a market capitalization of $56.15 billion, a PE ratio of 24.69 and a beta of 1.01. The stock’s 50 day moving average is $69.38 and its two-hundred day moving average is $69.02. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.09 and a 52-week high of $72.14.

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.