D.A. Davidson & CO. Acquires 51,988 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

D.A. Davidson & CO. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1,120.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 56,627 shares of the company’s stock after acquiring an additional 51,988 shares during the quarter. D.A. Davidson & CO.’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,823,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPLG. Sumitomo Life Insurance Co. bought a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $308,840,000. National Mutual Insurance Federation of Agricultural Cooperatives boosted its stake in SPDR Portfolio S&P 500 ETF by 154.4% in the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after purchasing an additional 4,585,000 shares during the period. LPL Financial LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 8.0% in the 2nd quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock valued at $2,056,177,000 after purchasing an additional 2,389,144 shares during the period. Savant Capital LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $82,572,000. Finally, Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio S&P 500 ETF by 13.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock valued at $658,014,000 after purchasing an additional 1,232,825 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG opened at $70.44 on Friday. The business has a fifty day simple moving average of $68.47 and a 200 day simple moving average of $65.62. The company has a market capitalization of $41.08 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $53.31 and a 1 year high of $70.74.

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.