Professional Financial Advisors LLC Increases Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Professional Financial Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 23,745 shares of the company’s stock after acquiring an additional 321 shares during the period. Professional Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,637,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Creative Planning increased its stake in shares of SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd 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 in the last quarter. Sumitomo Life Insurance Co. increased its position in 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 buying an additional 2,550,000 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives increased its position in SPDR Portfolio S&P 500 ETF by 154.4% during the third 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 in the last quarter. CWM LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 8.2% in the third quarter. CWM LLC now owns 7,213,673 shares of the company’s stock worth $486,995,000 after acquiring an additional 547,989 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of SPDR Portfolio S&P 500 ETF by 2.5% in the third quarter. The Manufacturers Life Insurance Company now owns 3,962,906 shares of the company’s stock valued at $267,536,000 after acquiring an additional 96,930 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPDR Portfolio S&P 500 ETF stock opened at $68.41 on Tuesday. The firm’s 50-day moving average is $70.07 and its two-hundred day moving average is $67.30. The stock has a market capitalization of $39.89 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12-month low of $55.26 and a 12-month high of $71.64.

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.