Collier Financial Purchases New Stake in SPDR Portfolio S&P 500 ETF $SPLG

Collier Financial bought a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 20,738 shares of the company’s stock, valued at approximately $1,625,000. SPDR Portfolio S&P 500 ETF makes up approximately 1.2% of Collier Financial’s holdings, making the stock its 15th biggest holding.

A number of other hedge funds have also added to or reduced their stakes in SPLG. Bank of America Corp DE lifted its stake in SPDR Portfolio S&P 500 ETF by 88.5% during the second quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock worth $4,317,929,000 after purchasing an additional 27,889,948 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 15.3% in the third quarter. Jones Financial Companies Lllp now owns 50,982,604 shares of the company’s stock worth $3,968,996,000 after acquiring an additional 6,782,445 shares during the last quarter. Creative Planning boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 1.0% in the 2nd quarter. Creative Planning now owns 31,140,324 shares of the company’s stock valued at $2,263,590,000 after purchasing an additional 319,951 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio S&P 500 ETF by 6.2% in the third quarter. Envestnet Asset Management Inc. now owns 16,868,988 shares of the company’s stock valued at $1,321,517,000 after buying an additional 984,276 shares in the last quarter. Finally, Kedalion Capital Management LLP lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 83.7% in the 3rd quarter. Kedalion Capital Management LLP now owns 12,884,000 shares of the company’s stock valued at $1,009,333,000 after acquiring an additional 5,869,620 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 2.0%

Shares of SPLG stock opened at $81.27 on Friday. The firm has a market capitalization of $96.72 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $81.14. The stock’s fifty day simple moving average is $80.84 and its 200 day simple moving average is $78.63.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.