Selective Wealth Management Inc. Has $14.64 Million Stake in SPDR Portfolio S&P 500 ETF $SPLG

Selective Wealth Management Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 33.4% in the 3rd quarter, Holdings Channel reports. The firm owned 185,933 shares of the company’s stock after acquiring an additional 46,573 shares during the period. SPDR Portfolio S&P 500 ETF comprises 4.7% of Selective Wealth Management Inc.’s investment portfolio, making the stock its 3rd largest holding. Selective Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $14,637,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Bank of America Corp DE lifted its position in SPDR Portfolio S&P 500 ETF by 88.5% during the second quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock valued at $4,317,929,000 after purchasing an additional 27,889,948 shares during the last quarter. USS Investment Management Ltd purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 1st quarter valued at $1,394,006,000. Jones Financial Companies Lllp raised its position in shares of SPDR Portfolio S&P 500 ETF by 99.4% during the 1st quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after buying an additional 15,489,573 shares in the last quarter. Kedalion Capital Management LLP bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth $509,875,000. Finally, SCS Capital Management LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the first quarter worth $167,317,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.9%

SPLG opened at $80.30 on Friday. The business’s fifty day simple moving average is $79.49 and its 200 day simple moving average is $76.41. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14. The stock has a market cap of $95.56 billion, a PE ratio of 25.61 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF 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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.