Northwestern Mutual Wealth Management Co. Has $21.12 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Northwestern Mutual Wealth Management Co. raised its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 15.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 329,939 shares of the company’s stock after purchasing an additional 43,897 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.06% of SPDR Portfolio S&P 500 ETF worth $21,116,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Hofer & Associates. Inc grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.2% in the 2nd quarter. Hofer & Associates. Inc now owns 13,457 shares of the company’s stock valued at $861,000 after acquiring an additional 166 shares in the last quarter. Narus Financial Partners LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the 2nd quarter. Narus Financial Partners LLC now owns 24,955 shares of the company’s stock valued at $1,597,000 after acquiring an additional 167 shares in the last quarter. Crew Capital Management Ltd. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.2% in the 2nd quarter. Crew Capital Management Ltd. now owns 14,160 shares of the company’s stock valued at $906,000 after acquiring an additional 172 shares in the last quarter. Defined Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.4% in the 2nd quarter. Defined Wealth Management LLC now owns 5,498 shares of the company’s stock valued at $352,000 after acquiring an additional 179 shares in the last quarter. Finally, Northwest Capital Management Inc grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.8% in the 1st quarter. Northwest Capital Management Inc now owns 22,580 shares of the company’s stock valued at $1,389,000 after acquiring an additional 180 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPLG opened at $67.50 on Tuesday. The stock has a market capitalization of $39.36 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The business has a 50-day moving average of $64.93 and a 200-day moving average of $63.12. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $67.58.

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.