Empower Advisory Group LLC Boosts Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Empower Advisory Group LLC lifted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 902.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 94,513 shares of the company’s stock after purchasing an additional 85,084 shares during the period. Empower Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,870,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in SPLG. WealthShield Partners LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 4.3% during the first quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock worth $1,904,000 after acquiring an additional 1,191 shares during the period. 49 Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 ETF by 23.9% during the 2nd quarter. 49 Wealth Management LLC now owns 1,593,630 shares of the company’s stock worth $115,841,000 after purchasing an additional 307,109 shares in the last quarter. Advisors Capital Management LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 7.3% during the 1st quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock worth $450,000 after purchasing an additional 468 shares during the period. Fiduciary Alliance LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $660,000. Finally, Vise Technologies Inc. acquired a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $1,188,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $79.05 on Friday. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14. The stock has a market capitalization of $94.07 billion, a PE ratio of 25.61 and a beta of 1.00. The stock has a 50-day simple moving average of $78.69 and a 200-day simple moving average of $74.43.

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.