PFG Advisors Boosts Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

PFG Advisors increased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 357,781 shares of the company’s stock after purchasing an additional 33,133 shares during the period. SPDR Portfolio S&P 500 ETF makes up 1.1% of PFG Advisors’ holdings, making the stock its 8th largest position. PFG Advisors’ holdings in SPDR Portfolio S&P 500 ETF were worth $28,029,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Clearstead Trust LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at about $30,000. Center for Financial Planning Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth about $37,000. Heritage Wealth Advisors bought a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth about $38,000. GAMMA Investing LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth about $40,000. Finally, Elevation Wealth Partners LLC raised its position in SPDR Portfolio S&P 500 ETF by 52.4% in the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock valued at $45,000 after buying an additional 197 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $79.13 on Monday. The firm has a market cap of $94.17 billion, a PE ratio of 25.61 and a beta of 1.00. The business’s 50 day simple moving average is $80.97 and its 200 day simple moving average is $79.49. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $81.14.

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.