New Insight Wealth Advisors Increases Holdings in SPDR Portfolio S&P 500 ETF $SPLG

New Insight Wealth Advisors grew its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 53.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 36,840 shares of the company’s stock after purchasing an additional 12,870 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 1.1% of New Insight Wealth Advisors’ holdings, making the stock its 25th biggest position. New Insight Wealth Advisors’ holdings in SPDR Portfolio S&P 500 ETF were worth $2,886,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of SPLG. Beacon Financial Advisory LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 6.3% in the 3rd quarter. Beacon Financial Advisory LLC now owns 51,569 shares of the company’s stock worth $4,040,000 after purchasing an additional 3,052 shares in the last quarter. Meitav Investment House Ltd. raised its holdings in SPDR Portfolio S&P 500 ETF by 29.7% in the third quarter. Meitav Investment House Ltd. now owns 101,418 shares of the company’s stock worth $7,945,000 after buying an additional 23,232 shares during the last quarter. Theory Financial LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 15.2% in the third quarter. Theory Financial LLC now owns 64,964 shares of the company’s stock worth $5,130,000 after buying an additional 8,560 shares during the last quarter. Stegent Equity Advisors Inc. lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 1.4% in the third quarter. Stegent Equity Advisors Inc. now owns 27,080 shares of the company’s stock worth $2,121,000 after buying an additional 385 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 10.2% during the third quarter. Walkner Condon Financial Advisors LLC now owns 409,484 shares of the company’s stock valued at $32,074,000 after buying an additional 37,766 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.1%

Shares of SPLG opened at $81.38 on Friday. The company has a market capitalization of $96.85 billion, a P/E ratio of 25.61 and a beta of 1.00. The firm has a 50 day moving average of $80.19 and a 200 day moving average of $77.83. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $81.14.

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