Precision Wealth Strategies LLC Raises Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Precision Wealth Strategies LLC raised its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 21.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,196 shares of the company’s stock after buying an additional 1,643 shares during the period. SPDR Portfolio S&P 500 ETF comprises about 0.6% of Precision Wealth Strategies LLC’s investment portfolio, making the stock its 29th biggest holding. Precision Wealth Strategies LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $621,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SPLG. Sumitomo Life Insurance Co. bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth about $308,840,000. Advocacy Wealth Management Services LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 168.5% in the 1st quarter. Advocacy Wealth Management Services LLC now owns 5,324,315 shares of the company’s stock worth $327,605,000 after buying an additional 3,341,587 shares during the last quarter. LPL Financial LLC increased its stake in shares of 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 buying an additional 2,389,144 shares during the period. Cetera Investment Advisers raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 350.8% during 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. Finally, Savant Capital LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the second quarter worth $82,572,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.1 %

NYSEARCA:SPLG opened at $68.65 on Tuesday. The firm’s fifty day simple moving average is $66.40 and its 200 day simple moving average is $63.89. The stock has a market cap of $40.03 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $48.13 and a twelve month high of $68.93.

SPDR Portfolio S&P 500 ETF 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.