Integrated Wealth Concepts LLC Has $90.32 Million Stake in SPDR Portfolio S&P 500 ETF $SPLG

Integrated Wealth Concepts LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.9% in the third quarter, HoldingsChannel.com reports. The firm owned 1,152,879 shares of the company’s stock after purchasing an additional 21,287 shares during the period. SPDR Portfolio S&P 500 ETF comprises about 0.8% of Integrated Wealth Concepts LLC’s investment portfolio, making the stock its 17th largest holding. Integrated Wealth Concepts LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $90,317,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Westover Capital Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 0.4% during the second quarter. Westover Capital Advisors LLC now owns 35,931 shares of the company’s stock valued at $2,612,000 after buying an additional 138 shares during the last quarter. Spirepoint Private Client LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 0.7% during the 3rd quarter. Spirepoint Private Client LLC now owns 22,289 shares of the company’s stock valued at $1,746,000 after acquiring an additional 144 shares in the last quarter. Inscription Capital LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 3.5% during the 3rd quarter. Inscription Capital LLC now owns 4,263 shares of the company’s stock worth $334,000 after acquiring an additional 146 shares during the last quarter. Cary Street Partners Investment Advisory LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 20.2% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 898 shares of the company’s stock worth $65,000 after acquiring an additional 151 shares during the last quarter. Finally, PAX Financial Group LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 2.3% in the 2nd quarter. PAX Financial Group LLC now owns 6,725 shares of the company’s stock worth $489,000 after acquiring an additional 152 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $77.74 on Monday. The firm has a 50-day moving average of $80.83 and a 200-day moving average of $79.62. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $81.14. The company has a market cap of $92.51 billion, a P/E 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.