Tectonic Advisors LLC Increases Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Tectonic Advisors LLC raised its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 246,715 shares of the company’s stock after purchasing an additional 3,353 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 1.1% of Tectonic Advisors LLC’s holdings, making the stock its 14th biggest position. Tectonic Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $17,008,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 1.9% during the second quarter. AQR Capital Management LLC now owns 45,157 shares of the company’s stock valued at $2,890,000 after buying an additional 844 shares during the period. Axiom Advisory LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 2.2% in the 3rd quarter. Axiom Advisory LLC now owns 168,776 shares of the company’s stock valued at $10,977,000 after purchasing an additional 3,668 shares during the period. Evanson Asset Management LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 60.9% during the 3rd quarter. Evanson Asset Management LLC now owns 9,711 shares of the company’s stock valued at $656,000 after purchasing an additional 3,677 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.4% in the third quarter. Dynamic Advisor Solutions LLC now owns 759,370 shares of the company’s stock worth $51,265,000 after purchasing an additional 2,907 shares during the period. Finally, Lbmc Investment Advisors LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 70.8% in the third quarter. Lbmc Investment Advisors LLC now owns 26,764 shares of the company’s stock worth $1,807,000 after buying an additional 11,090 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.7 %

Shares of NYSEARCA SPLG opened at $70.79 on Wednesday. The firm has a market capitalization of $41.28 billion, a P/E ratio of 26.64 and a beta of 1.00. The stock’s 50-day simple moving average is $70.33 and its two-hundred day simple moving average is $67.86. SPDR Portfolio S&P 500 ETF has a twelve month low of $57.67 and a twelve month high of $71.85.

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.