Blue Trust Inc. Takes $31,000 Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Blue Trust Inc. acquired a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 486 shares of the company’s stock, valued at approximately $31,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPLG. LPL Financial LLC raised its stake in SPDR Portfolio S&P 500 ETF by 8.0% during the 2nd quarter. LPL Financial LLC now owns 32,127,760 shares of the company’s stock worth $2,056,177,000 after buying an additional 2,389,144 shares during the period. Creative Planning raised its stake in SPDR Portfolio S&P 500 ETF by 3.2% during the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after buying an additional 915,823 shares during the period. Advance Capital Management Inc. raised its stake in SPDR Portfolio S&P 500 ETF by 3.1% during the 2nd quarter. Advance Capital Management Inc. now owns 13,569,767 shares of the company’s stock worth $868,465,000 after buying an additional 402,001 shares during the period. Envestnet Asset Management Inc. raised its stake in SPDR Portfolio S&P 500 ETF by 13.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,281,461 shares of the company’s stock worth $658,014,000 after buying an additional 1,232,825 shares during the period. Finally, Sumitomo Life Insurance Co. raised its stake in SPDR Portfolio S&P 500 ETF by 50.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after buying an additional 2,550,000 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG stock opened at $67.16 on Friday. The stock’s 50 day simple moving average is $66.89 and its 200 day simple moving average is $64.34. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $50.16 and a fifty-two week high of $68.93. The company has a market cap of $39.16 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.