Mayflower Financial Advisors LLC Raises Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Mayflower Financial Advisors LLC boosted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 15.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 326,998 shares of the company’s stock after purchasing an additional 43,179 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 3.4% of Mayflower Financial Advisors LLC’s holdings, making the stock its 2nd biggest position. Mayflower Financial Advisors LLC owned 0.06% of SPDR Portfolio S&P 500 ETF worth $22,543,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPLG. Bank of Montreal Can increased its position in SPDR Portfolio S&P 500 ETF by 8.2% in the 2nd quarter. Bank of Montreal Can now owns 39,384 shares of the company’s stock valued at $2,533,000 after buying an additional 2,997 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter worth approximately $2,082,000. AQR Capital Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.9% in the 2nd quarter. AQR Capital Management LLC now owns 45,157 shares of the company’s stock worth $2,890,000 after purchasing an additional 844 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in SPDR Portfolio S&P 500 ETF by 15.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 329,939 shares of the company’s stock valued at $21,116,000 after purchasing an additional 43,897 shares during the period. Finally, Invst LLC increased its stake in SPDR Portfolio S&P 500 ETF by 1.5% during the 2nd quarter. Invst LLC now owns 11,961 shares of the company’s stock valued at $767,000 after purchasing an additional 172 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.9 %

SPDR Portfolio S&P 500 ETF stock opened at $71.12 on Wednesday. The firm’s fifty day moving average price is $70.26 and its two-hundred day moving average price is $67.72. The firm has a market capitalization of $41.47 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 $56.80 and a 1-year high of $71.85.

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.