SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Bought by Guardian Asset Advisors LLC

Guardian Asset Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 23.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 102,602 shares of the company’s stock after buying an additional 19,182 shares during the period. SPDR Portfolio S&P 500 ETF makes up about 4.7% of Guardian Asset Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Guardian Asset Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,927,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Advance Capital Management Inc. raised its position in SPDR Portfolio S&P 500 ETF by 121.0% in the first quarter. Advance Capital Management Inc. now owns 13,167,766 shares of the company’s stock valued at $810,213,000 after purchasing an additional 7,210,793 shares during the period. Sumitomo Life Insurance Co. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at about $308,840,000. Advocacy Wealth Management Services LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 168.5% during the 1st quarter. Advocacy Wealth Management Services LLC now owns 5,324,315 shares of the company’s stock valued at $327,605,000 after buying an additional 3,341,587 shares during the period. LPL Financial LLC lifted its position in SPDR Portfolio S&P 500 ETF by 8.0% during the 2nd quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock worth $2,056,177,000 after acquiring an additional 2,389,144 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in SPDR Portfolio S&P 500 ETF by 350.8% in the first quarter. Cetera Investment Advisers now owns 2,223,389 shares of the company’s stock valued at $136,805,000 after acquiring an additional 1,730,168 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock traded down $0.18 on Thursday, hitting $67.69. The stock had a trading volume of 1,251,340 shares, compared to its average volume of 7,241,875. The stock’s 50 day moving average is $65.34 and its 200-day moving average is $63.43. The firm has a market capitalization of $39.47 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $48.13 and a 52-week high of $67.95.

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.