Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Get Free Report) dropped 0.3% during mid-day trading on Wednesday . The company traded as low as $85.06 and last traded at $86.76. Approximately 22,392,789 shares changed hands during mid-day trading, an increase of 147% from the average daily volume of 9,075,672 shares. The stock had previously closed at $87.02.
SPDR Portfolio S&P 500 ETF Stock Performance
The company has a market cap of $103.25 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The business’s 50 day moving average price is $84.37 and its 200-day moving average price is $81.64.
Institutional Investors Weigh In On SPDR Portfolio S&P 500 ETF
Several large investors have recently made changes to their positions in SPLG. Center for Financial Planning Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $37,000. Heritage Wealth Advisors bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $38,000. Wealth Watch Advisors INC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $43,000. Clearstead Trust LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 56.3% in the 3rd quarter. Clearstead Trust LLC now owns 650 shares of the company’s stock worth $51,000 after purchasing an additional 234 shares during the last quarter. Finally, Hurley Capital LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 623.9% in the 3rd quarter. Hurley Capital LLC now owns 666 shares of the company’s stock worth $52,000 after purchasing an additional 574 shares during the last quarter.
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.
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