Arista Wealth Management LLC Has $2.34 Million Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Arista Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 67.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,533 shares of the company’s stock after acquiring an additional 14,715 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 0.6% of Arista Wealth Management LLC’s holdings, making the stock its 20th largest position. Arista Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,338,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Advance Capital Management Inc. lifted its position in shares of SPDR Portfolio S&P 500 ETF by 121.0% in 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. Sumitomo Life Insurance Co. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the second quarter worth $308,840,000. Envestnet Asset Management Inc. raised its holdings 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 acquiring an additional 4,080,428 shares in the last quarter. Advocacy Wealth Management Services LLC boosted its position in SPDR Portfolio S&P 500 ETF by 168.5% during the first quarter. Advocacy Wealth Management Services LLC now owns 5,324,315 shares of the company’s stock valued at $327,605,000 after purchasing an additional 3,341,587 shares during the last quarter. Finally, LPL Financial LLC grew its stake in SPDR Portfolio S&P 500 ETF by 8.0% in the second quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock valued at $2,056,177,000 after purchasing an additional 2,389,144 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $67.04 on Friday. The firm has a market cap of $39.09 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $67.39. The stock’s 50-day moving average is $64.77 and its two-hundred day moving average is $62.84.

SPDR Portfolio S&P 500 ETF 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.