Welch & Forbes LLC Grows Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Welch & Forbes LLC lifted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,475 shares of the company’s stock after buying an additional 256 shares during the period. Welch & Forbes LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $309,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Jones Financial Companies Lllp boosted its position in SPDR Portfolio S&P 500 ETF by 14,332.4% in the 4th quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after buying an additional 15,476,455 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $269,842,000. World Investment Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 908.3% in the third quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock worth $114,433,000 after acquiring an additional 1,526,942 shares in the last quarter. Gradient Investments LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 44.3% in the fourth quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after purchasing an additional 1,460,710 shares during the last quarter. Finally, Sumitomo Life Insurance Co. grew its stake in SPDR Portfolio S&P 500 ETF by 18.4% during the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after purchasing an additional 1,410,000 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.5 %

SPLG stock opened at $67.75 on Friday. The stock’s 50 day moving average is $70.13 and its two-hundred day moving average is $68.95. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.08 and a 52-week high of $72.14. The company has a market capitalization of $56.26 billion, a PE ratio of 26.92 and a beta of 1.01.

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.