Schrum Private Wealth Management LLC Has $4.50 Million Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Schrum Private Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 106.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,632 shares of the company’s stock after acquiring an additional 34,383 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 2.3% of Schrum Private Wealth Management LLC’s holdings, making the stock its 7th largest position. Schrum Private Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,498,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Sumitomo Life Insurance Co. bought a new position in SPDR Portfolio S&P 500 ETF in the 2nd quarter worth approximately $308,840,000. National Mutual Insurance Federation of Agricultural Cooperatives lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 154.4% in the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after buying an additional 4,585,000 shares during the period. LPL Financial LLC increased its holdings 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 buying an additional 2,389,144 shares during the period. Cetera Investment Advisers boosted its stake 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. Finally, Savant Capital LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at about $82,572,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.0 %

Shares of NYSEARCA:SPLG traded up $0.01 during midday trading on Wednesday, reaching $70.23. The company’s stock had a trading volume of 1,155,385 shares, compared to its average volume of 7,093,709. SPDR Portfolio S&P 500 ETF has a twelve month low of $52.46 and a twelve month high of $70.59. The stock has a fifty day moving average of $67.28 and a 200 day moving average of $64.81. The firm has a market capitalization of $40.95 billion, a PE 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.