SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Acquired by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC increased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 21.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 639,868 shares of the company’s stock after buying an additional 111,528 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 2.0% of Gladstone Institutional Advisory LLC’s holdings, making the stock its 7th largest holding. Gladstone Institutional Advisory LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $44,113,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPLG. Creative Planning raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.2% in the third quarter. Creative Planning now owns 29,491,836 shares of the company’s stock valued at $1,990,994,000 after buying an additional 915,823 shares during the last quarter. Sumitomo Life Insurance Co. raised its stake 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 acquiring an additional 1,410,000 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives lifted its position in SPDR Portfolio S&P 500 ETF by 154.4% during the 3rd 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 period. Gradient Investments LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 44.3% in the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after purchasing an additional 1,460,710 shares during the last quarter. Finally, 1900 Wealth Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.8% in the fourth quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock valued at $325,259,000 after purchasing an additional 213,820 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPLG opened at $71.20 on Wednesday. The company has a market cap of $41.52 billion, a PE ratio of 26.64 and a beta of 1.00. The stock has a fifty day moving average price of $70.36 and a 200 day moving average price of $68.10. SPDR Portfolio S&P 500 ETF has a 1-year low of $57.72 and a 1-year 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.