Hutchens & Kramer Investment Management Group LLC Has $1.54 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Hutchens & Kramer Investment Management Group LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 55.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 22,371 shares of the company’s stock after buying an additional 7,966 shares during the period. Hutchens & Kramer Investment Management Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,542,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Creative Planning lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.2% in the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after purchasing an additional 915,823 shares in the last quarter. Sumitomo Life Insurance Co. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 50.1% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock worth $515,952,000 after purchasing an additional 2,550,000 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 154.4% in the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock worth $510,038,000 after purchasing an additional 4,585,000 shares in the last quarter. CWM LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 8.2% in the 3rd quarter. CWM LLC now owns 7,213,673 shares of the company’s stock worth $486,995,000 after purchasing an additional 547,989 shares in the last quarter. Finally, Gradient Investments LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 44.3% in the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after purchasing an additional 1,460,710 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 1.4 %

Shares of SPLG opened at $70.52 on Tuesday. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.80 and a 12-month high of $71.85. The business’s fifty day moving average is $70.20 and its 200 day moving average is $67.65. The stock has a market cap of $41.12 billion, a P/E ratio of 26.64 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF Company 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.