First Trust Direct Indexing L.P. Increases Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

First Trust Direct Indexing L.P. lifted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 36,657 shares of the company’s stock after purchasing an additional 3,982 shares during the period. First Trust Direct Indexing L.P.’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,255,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Creative Planning increased its position in shares of SPDR Portfolio S&P 500 ETF by 1.8% during the fourth quarter. Creative Planning now owns 26,525,460 shares of the company’s stock worth $1,482,773,000 after purchasing an additional 467,975 shares in the last quarter. Advance Capital Management Inc. increased its position in shares of SPDR Portfolio S&P 500 ETF by 121.0% during the first quarter. Advance Capital Management Inc. now owns 13,167,766 shares of the company’s stock worth $810,213,000 after purchasing an additional 7,210,793 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of SPDR Portfolio S&P 500 ETF by 30.6% during the third quarter. JPMorgan Chase & Co. now owns 10,044,571 shares of the company’s stock worth $504,862,000 after purchasing an additional 2,351,596 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio S&P 500 ETF by 94.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 8,405,094 shares of the company’s stock worth $469,845,000 after purchasing an additional 4,080,428 shares in the last quarter. Finally, CWM LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 32.4% during the fourth quarter. CWM LLC now owns 5,921,040 shares of the company’s stock worth $330,986,000 after purchasing an additional 1,450,389 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.4 %

Shares of SPLG stock opened at $64.86 on Friday. The business’s fifty day simple moving average is $62.48 and its 200-day simple moving average is $59.90. The company has a market cap of $37.82 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12-month low of $48.13 and a 12-month high of $64.90.

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.