Bank of New York Mellon Corp Acquires 47,898 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Bank of New York Mellon Corp raised its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 117.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 88,594 shares of the company’s stock after acquiring an additional 47,898 shares during the period. Bank of New York Mellon Corp’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,108,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. MN Wealth Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 7.0% during the fourth quarter. MN Wealth Advisors LLC now owns 29,869 shares of the company’s stock worth $2,059,000 after purchasing an additional 1,960 shares during the last quarter. Barclays PLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 170.0% during the third quarter. Barclays PLC now owns 1,350 shares of the company’s stock worth $91,000 after purchasing an additional 850 shares during the last quarter. Shepherd Financial Partners LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 5.3% during the fourth quarter. Shepherd Financial Partners LLC now owns 93,323 shares of the company’s stock worth $6,434,000 after purchasing an additional 4,676 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $7,377,000. Finally, Continuum Advisory LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.5% during the third quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock worth $9,044,000 after purchasing an additional 1,924 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 2.0 %

NYSEARCA:SPLG opened at $66.20 on Monday. The stock’s 50-day moving average is $69.79 and its 200-day moving average is $68.96. SPDR Portfolio S&P 500 ETF has a 1-year low of $58.08 and a 1-year high of $72.14. The stock has a market cap of $55.55 billion, a P/E ratio of 24.69 and a beta of 1.01.

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.