Duncan Williams Asset Management LLC Makes New Investment in SPDR Portfolio S&P 500 ETF $SPLG

Duncan Williams Asset Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 913,360 shares of the company’s stock, valued at approximately $66,392,000. SPDR Portfolio S&P 500 ETF comprises approximately 10.2% of Duncan Williams Asset Management LLC’s portfolio, making the stock its largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Roxbury Financial LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the second quarter valued at about $28,000. Signature Resources Capital Management LLC grew its position 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 period. 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. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $42,000. Finally, Missouri Trust & Investment Co acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at approximately $46,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG opened at $78.73 on Monday. The stock has a market cap of $87.22 billion, a P/E ratio of 25.61 and a beta of 1.00. The firm has a 50 day moving average price of $76.28 and a 200 day moving average price of $71.13. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $79.13.

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.