SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Bought by Meridian Wealth Management LLC

Meridian Wealth Management LLC grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,026 shares of the company’s stock after buying an additional 2,904 shares during the quarter. Meridian Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,727,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 8.0% in the second quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock worth $2,056,177,000 after buying an additional 2,389,144 shares during the period. Creative Planning boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.2% during the third quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after purchasing an additional 915,823 shares during the period. Advance Capital Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.1% during the second quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock worth $868,465,000 after purchasing an additional 402,001 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 13.6% during the second quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock worth $658,014,000 after purchasing an additional 1,232,825 shares during the period. Finally, Sumitomo Life Insurance Co. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 50.1% during the third quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after purchasing an additional 2,550,000 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG stock opened at $69.91 on Friday. The stock has a market cap of $40.77 billion, a P/E ratio of 26.64 and a beta of 1.00. The firm has a 50 day simple moving average of $68.07 and a 200 day simple moving average of $65.30. SPDR Portfolio S&P 500 ETF has a 52 week low of $53.31 and a 52 week high of $70.59.

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.