SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Position Boosted by Transcendent Capital Group LLC

Transcendent Capital Group LLC grew its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 80,603 shares of the company’s stock after acquiring an additional 1,787 shares during the period. SPDR Portfolio S&P 500 ETF comprises about 2.9% of Transcendent Capital Group LLC’s holdings, making the stock its 6th largest holding. Transcendent Capital Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $5,557,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors LLC grew its position in SPDR Portfolio S&P 500 ETF by 908.3% during the 3rd quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock valued at $114,433,000 after purchasing an additional 1,526,942 shares during the last quarter. Gradient Investments LLC lifted 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 acquiring an additional 1,460,710 shares during the period. Sumitomo Life Insurance Co. increased its holdings in SPDR Portfolio S&P 500 ETF by 18.4% during the fourth quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after buying an additional 1,410,000 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives raised its holdings in SPDR Portfolio S&P 500 ETF by 18.5% in the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock worth $617,220,000 after purchasing an additional 1,398,000 shares during the period. Finally, Spinnaker Trust lifted its position in shares of SPDR Portfolio S&P 500 ETF by 126.5% during the 4th quarter. Spinnaker Trust now owns 1,806,414 shares of the company’s stock valued at $124,534,000 after buying an additional 1,008,858 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $70.26 on Tuesday. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.08 and a 52-week high of $72.14. The firm has a market capitalization of $58.34 billion, a PE ratio of 26.92 and a beta of 1.01. The stock has a fifty day simple moving average of $70.41 and a two-hundred day simple moving average of $68.64.

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.