SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is GM Advisory Group LLC’s Largest Position

GM Advisory Group LLC increased its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,376,623 shares of the company’s stock after purchasing an additional 130,244 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 13.9% of GM Advisory Group LLC’s holdings, making the stock its biggest position. GM Advisory Group LLC owned 0.58% of SPDR Portfolio S&P 500 ETF worth $216,104,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Westwind Capital bought a new position in SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at about $26,000. Evensky & Katz LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 1st quarter valued at $27,000. Harbor Investment Advisory LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 76.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock worth $39,000 after buying an additional 278 shares during the last quarter. ESL Trust Services LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the first quarter worth $40,000. Finally, ORG Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth $41,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG stock opened at $67.17 on Friday. The company has a market cap of $39.17 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The business’s 50-day moving average is $64.74 and its two-hundred day moving average is $62.80. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $67.39.

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.