Raymond James Financial Inc. Buys Shares of 3,914,160 SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Raymond James Financial Inc. bought a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 3,914,160 shares of the company’s stock, valued at approximately $269,842,000. Raymond James Financial Inc. owned 0.67% of SPDR Portfolio S&P 500 ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. QRG Capital Management Inc. grew its holdings in SPDR Portfolio S&P 500 ETF by 89.6% during the 3rd quarter. QRG Capital Management Inc. now owns 11,127 shares of the company’s stock worth $751,000 after acquiring an additional 5,259 shares in the last quarter. Advisor Resource Council boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 61.5% during the third quarter. Advisor Resource Council now owns 21,298 shares of the company’s stock valued at $1,438,000 after purchasing an additional 8,111 shares in the last quarter. Walkner Condon Financial Advisors LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 10.2% during the third quarter. Walkner Condon Financial Advisors LLC now owns 408,367 shares of the company’s stock valued at $27,569,000 after buying an additional 37,786 shares during the period. Principal Financial Group Inc. increased its holdings in SPDR Portfolio S&P 500 ETF by 3.3% during the third quarter. Principal Financial Group Inc. now owns 382,328 shares of the company’s stock valued at $25,811,000 after buying an additional 12,336 shares during the period. Finally, SFG Wealth Management LLC. raised its stake in SPDR Portfolio S&P 500 ETF by 108.0% in the third quarter. SFG Wealth Management LLC. now owns 16,484 shares of the company’s stock worth $1,113,000 after buying an additional 8,560 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 1.8 %

SPDR Portfolio S&P 500 ETF stock opened at $67.39 on Friday. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.08 and a twelve month high of $72.14. The business has a fifty day moving average of $70.18 and a two-hundred day moving average of $68.91. The firm has a market cap of $55.96 billion, a P/E ratio of 26.92 and a beta of 1.01.

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.