Atlas Private Wealth Advisors Purchases 117,277 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Atlas Private Wealth Advisors lifted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 98.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 236,281 shares of the company’s stock after purchasing an additional 117,277 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up 4.5% of Atlas Private Wealth Advisors’ investment portfolio, making the stock its 4th biggest holding. Atlas Private Wealth Advisors’ holdings in SPDR Portfolio S&P 500 ETF were worth $18,510,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 88.5% in 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 acquiring an additional 27,889,948 shares during the period. Creative Planning raised its position in SPDR Portfolio S&P 500 ETF by 1.0% in the 2nd quarter. Creative Planning now owns 31,140,324 shares of the company’s stock valued at $2,263,590,000 after purchasing an additional 319,951 shares during the last quarter. Envestnet Asset Management Inc. raised its position in SPDR Portfolio S&P 500 ETF by 11.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 15,884,712 shares of the company’s stock valued at $1,154,660,000 after purchasing an additional 1,624,308 shares during the last quarter. Kedalion Capital Management LLP boosted its stake in SPDR Portfolio S&P 500 ETF by 83.7% during the 3rd quarter. Kedalion Capital Management LLP now owns 12,884,000 shares of the company’s stock worth $1,009,333,000 after purchasing an additional 5,869,620 shares during the period. Finally, CWM LLC grew its position in SPDR Portfolio S&P 500 ETF by 17.2% during the 2nd quarter. CWM LLC now owns 9,940,516 shares of the company’s stock worth $722,576,000 after purchasing an additional 1,456,291 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $81.65 on Friday. The firm’s fifty day moving average is $80.66 and its two-hundred day moving average is $78.34. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $81.14. The firm has a market cap of $97.17 billion, a PE ratio of 25.61 and a beta of 1.00.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.