SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Reaches New 12-Month High – Here’s Why

SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $72.14 and last traded at $72.10, with a volume of 3587779 shares. The stock had previously closed at $71.93.

SPDR Portfolio S&P 500 ETF Price Performance

The stock has a 50-day moving average of $70.41 and a 200-day moving average of $68.45. The firm has a market cap of $42.05 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

Institutional Investors Weigh In On SPDR Portfolio S&P 500 ETF

Large investors have recently modified their holdings of the business. Elevation Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $26,000. Hemington Wealth Management acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $30,000. Blue Trust Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $31,000. Highline Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $36,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $37,000.

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.