Tectonic Advisors LLC Has $18.39 Million Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Tectonic Advisors LLC grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 253,015 shares of the company’s stock after acquiring an additional 8,085 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 1.1% of Tectonic Advisors LLC’s portfolio, making the stock its 14th largest position. Tectonic Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $18,392,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Roxbury Financial LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the 2nd quarter worth $28,000. Signature Resources Capital Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 1,200.0% during the 1st quarter. Signature Resources Capital Management LLC now owns 455 shares of the company’s stock worth $30,000 after buying an additional 420 shares during the last quarter. Retirement Wealth Solutions LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $32,000. Pacifica Partners Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $42,000. Finally, Missouri Trust & Investment Co bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at about $46,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.6%

SPDR Portfolio S&P 500 ETF stock opened at $79.18 on Thursday. The stock has a market cap of $88.02 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $79.19. The company’s 50-day moving average price is $76.53 and its two-hundred day moving average price is $71.33.

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.