Arcadia Wealth Management LLC raised its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 126,092 shares of the company’s stock after buying an additional 1,415 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 4.0% of Arcadia Wealth Management LLC’s portfolio, making the stock its 8th biggest position. Arcadia Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $9,166,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of SPLG. USS Investment Management Ltd acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $1,394,006,000. Jones Financial Companies Lllp increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 99.4% in the first quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after purchasing an additional 15,489,573 shares during the period. Allianz Asset Management GmbH increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 38.6% in the first quarter. Allianz Asset Management GmbH now owns 12,846,198 shares of the company’s stock valued at $844,766,000 after purchasing an additional 3,577,176 shares during the period. LPL Financial LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 6.7% in the first quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock valued at $2,759,335,000 after purchasing an additional 2,643,842 shares during the period. Finally, SCS Capital Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $167,317,000.
SPDR Portfolio S&P 500 ETF Trading Up 0.3%
NYSEARCA:SPLG opened at $78.34 on Wednesday. The firm has a market cap of $83.15 billion, a P/E ratio of 25.61 and a beta of 1.00. The stock’s 50 day simple moving average is $76.04 and its 200-day simple moving average is $70.85. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $78.74.
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.
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