SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Get Free Report)’s share price traded up 0.8% on Wednesday . The stock traded as high as $88.0399 and last traded at $87.88. 14,979,335 shares changed hands during mid-day trading, an increase of 65% from the average session volume of 9,075,672 shares. The stock had previously closed at $87.18.
SPDR Portfolio S&P 500 ETF Trading Up 0.8%
The company has a market cap of $104.58 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The business has a fifty day moving average of $86.73 and a two-hundred day moving average of $82.41.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Nissay Asset Management Corp Japan raised its stake in SPDR Portfolio S&P 500 ETF by 838.3% during the third quarter. Nissay Asset Management Corp Japan now owns 9,989,832 shares of the company’s stock worth $782,603,000 after purchasing an additional 8,925,132 shares during the period. Bank of America Corp DE grew its stake in shares of SPDR Portfolio S&P 500 ETF by 10.2% in the 3rd quarter. Bank of America Corp DE now owns 65,441,181 shares of the company’s stock valued at $5,126,662,000 after buying an additional 6,039,211 shares during the period. Marshall Wace LLP acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $92,337,000. Revere Asset Management Inc acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $89,892,000. Finally, Creative Planning raised its position in shares of SPDR Portfolio S&P 500 ETF by 2.9% during the 3rd quarter. Creative Planning now owns 32,029,687 shares of the company’s stock valued at $2,509,206,000 after buying an additional 889,363 shares during the period.
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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.
Featured Articles
- Five stocks we like better than SPDR Portfolio S&P 500 ETF
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
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.
