UNIVEST FINANCIAL Corp Acquires 379,830 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

UNIVEST FINANCIAL Corp grew its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 31.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,576,445 shares of the company’s stock after buying an additional 379,830 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 6.9% of UNIVEST FINANCIAL Corp’s holdings, making the stock its 2nd biggest position. UNIVEST FINANCIAL Corp’s holdings in SPDR Portfolio S&P 500 ETF were worth $108,680,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its position in SPDR Portfolio S&P 500 ETF by 14,332.4% during the fourth quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock worth $1,074,391,000 after purchasing an additional 15,476,455 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $269,842,000. LPL Financial LLC boosted its holdings in shares of 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 buying an additional 3,697,646 shares during the period. Independent Advisor Alliance grew its stake in SPDR Portfolio S&P 500 ETF by 2,019.1% in the 4th quarter. Independent Advisor Alliance now owns 3,066,946 shares of the company’s stock valued at $211,435,000 after buying an additional 2,922,219 shares during the last quarter. Finally, Natixis Advisors LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 200.4% in the 4th quarter. Natixis Advisors LLC now owns 3,179,840 shares of the company’s stock worth $219,218,000 after acquiring an additional 2,121,179 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG stock opened at $67.88 on Wednesday. The stock has a market capitalization of $56.96 billion, a price-to-earnings ratio of 24.69 and a beta of 1.01. The company has a 50-day moving average of $69.49 and a two-hundred day moving average of $69.04. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.09 and a 52-week high of $72.14.

About SPDR Portfolio S&P 500 ETF

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.