Hershey Financial Advisers LLC Acquires New Shares in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Hershey Financial Advisers LLC bought a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 12,945 shares of the company’s stock, valued at approximately $828,000.

Other hedge funds have also recently modified their holdings of the company. LPL Financial LLC lifted its position in SPDR Portfolio S&P 500 ETF by 8.0% during the second quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock valued at $2,056,177,000 after purchasing an additional 2,389,144 shares during the period. Creative Planning lifted its holdings in SPDR Portfolio S&P 500 ETF by 3.6% in the second quarter. Creative Planning now owns 28,576,013 shares of the company’s stock valued at $1,828,865,000 after acquiring an additional 1,005,769 shares during the period. Advance Capital Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 3.1% during the 2nd quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock valued at $868,465,000 after purchasing an additional 402,001 shares during the period. Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio S&P 500 ETF by 13.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock valued at $658,014,000 after purchasing an additional 1,232,825 shares during the last quarter. Finally, CWM LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 2.4% in the 2nd quarter. CWM LLC now owns 6,665,684 shares of the company’s stock worth $426,604,000 after purchasing an additional 156,870 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Down 0.1 %

Shares of SPLG stock opened at $67.22 on Monday. SPDR Portfolio S&P 500 ETF has a 12 month low of $48.13 and a 12 month high of $67.58. The company has a 50 day simple moving average of $64.93 and a two-hundred day simple moving average of $63.11. The stock has a market cap of $39.20 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.