SPDR Portfolio S&P 500 ETF $SPLG Shares Acquired by Balefire LLC

Balefire LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1,664.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 90,094 shares of the company’s stock after purchasing an additional 84,988 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 1.4% of Balefire LLC’s portfolio, making the stock its 13th largest position. Balefire LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,549,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. WealthShield Partners LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.3% during the 1st quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock worth $1,904,000 after purchasing an additional 1,191 shares during the period. Chemistry Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 ETF by 7.5% during the first quarter. Chemistry Wealth Management LLC now owns 9,004 shares of the company’s stock worth $592,000 after buying an additional 628 shares during the period. Advisors Capital Management LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 7.3% in the first quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock worth $450,000 after acquiring an additional 468 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 10.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock worth $128,317,000 after acquiring an additional 187,585 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 0.9% in the 1st quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock valued at $3,188,000 after acquiring an additional 446 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPLG opened at $77.66 on Wednesday. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $77.87. The business has a 50-day moving average of $75.15 and a 200-day moving average of $70.07. The company has a market capitalization of $82.43 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

About SPDR Portfolio S&P 500 ETF

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.