Berkshire Money Management Inc. Purchases New Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Berkshire Money Management Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 851 shares of the company’s stock, valued at approximately $62,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in 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 in the last quarter. Jones Financial Companies Lllp increased its holdings in SPDR Portfolio S&P 500 ETF by 99.4% in 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 during the period. USS Investment Management Ltd bought a new position in SPDR Portfolio S&P 500 ETF in the 1st quarter valued at about $1,394,006,000. Invesco Ltd. raised its position in shares of SPDR Portfolio S&P 500 ETF by 5.0% in the 1st quarter. Invesco Ltd. now owns 16,237,931 shares of the company’s stock valued at $1,067,806,000 after buying an additional 773,953 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 10.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 14,260,404 shares of the company’s stock worth $937,764,000 after acquiring an additional 1,335,809 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 0.0%

NYSEARCA SPLG opened at $78.73 on Monday. The firm’s 50 day simple moving average is $76.28 and its 200 day simple moving average is $71.13. The firm has a market capitalization of $87.22 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $79.13.

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.