Concurrent Investment Advisors LLC Boosts Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Concurrent Investment Advisors LLC lifted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 31.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 159,086 shares of the company’s stock after buying an additional 37,968 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,967,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. National Mutual Insurance Federation of Agricultural Cooperatives raised its holdings in shares of 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 worth $510,038,000 after acquiring an additional 4,585,000 shares during the last quarter. World Investment Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 908.3% in the third quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock worth $114,433,000 after acquiring an additional 1,526,942 shares during the last quarter. Gradient Investments LLC raised 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 acquiring an additional 1,460,710 shares during the last quarter. Sumitomo Life Insurance Co. raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the fourth quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock worth $624,086,000 after acquiring an additional 1,410,000 shares during the last quarter. Finally, Spinnaker Trust raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 126.5% in the fourth quarter. Spinnaker Trust now owns 1,806,414 shares of the company’s stock worth $124,534,000 after acquiring an additional 1,008,858 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.2 %

NYSEARCA SPLG opened at $72.10 on Thursday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $58.06 and a fifty-two week high of $72.14. The stock has a market cap of $42.05 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The business has a fifty day moving average of $70.41 and a 200-day moving average of $68.45.

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.