Tounjian Advisory Partners LLC Makes New $1.04 Million Investment in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Tounjian Advisory Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,776 shares of the company’s stock, valued at approximately $1,037,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPLG. Jones Financial Companies Lllp grew its position in shares of 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 in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $269,842,000. LPL Financial LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 10.4% during the fourth quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock worth $2,710,503,000 after purchasing an additional 3,697,646 shares in the last quarter. NorthRock Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $222,015,000. Finally, Independent Advisor Alliance grew its position in shares of SPDR Portfolio S&P 500 ETF by 2,019.1% during the fourth quarter. Independent Advisor Alliance now owns 3,066,946 shares of the company’s stock worth $211,435,000 after purchasing an additional 2,922,219 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.1%

Shares of SPDR Portfolio S&P 500 ETF stock opened at $70.53 on Tuesday. The stock has a 50 day moving average of $65.87 and a 200 day moving average of $68.26. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $72.14. The firm has a market cap of $68.55 billion, a PE ratio of 24.62 and a beta of 1.01.

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.