SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Trading Up 0.8% – Time to Buy?

Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLGGet Free Report) were up 0.8% on Wednesday . The stock traded as high as $88.16 and last traded at $88.08. Approximately 11,552,643 shares were traded during mid-day trading, an increase of 27% from the average daily volume of 9,075,672 shares. The stock had previously closed at $87.36.

SPDR Portfolio S&P 500 ETF Price Performance

The firm has a market capitalization of $104.82 billion, a PE ratio of 25.61 and a beta of 1.00. The business’s 50 day moving average is $87.70 and its two-hundred day moving average is $83.21.

Institutional Trading of SPDR Portfolio S&P 500 ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tudor Investment Corp ET AL lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 87.6% during the 3rd quarter. Tudor Investment Corp ET AL now owns 82,151 shares of the company’s stock worth $6,436,000 after acquiring an additional 38,363 shares during the last quarter. Park Place Capital Corp increased its stake in SPDR Portfolio S&P 500 ETF by 8.3% in the fourth quarter. Park Place Capital Corp now owns 157,833 shares of the company’s stock valued at $12,661,000 after acquiring an additional 12,100 shares during the last quarter. Brighton Jones LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $311,000. Westwind Capital lifted its stake in SPDR Portfolio S&P 500 ETF by 17.1% during the fourth quarter. Westwind Capital now owns 174,318 shares of the company’s stock worth $13,984,000 after purchasing an additional 25,456 shares during the last quarter. Finally, Bison Wealth LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.4% in the 4th quarter. Bison Wealth LLC now owns 142,938 shares of the company’s stock worth $9,854,000 after purchasing an additional 630 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.