Financial Guidance Group Inc. Grows Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Financial Guidance Group Inc. grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 27.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,544 shares of the company’s stock after buying an additional 6,957 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 1.2% of Financial Guidance Group Inc.’s holdings, making the stock its 26th largest holding. Financial Guidance Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,244,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPLG. Creative Planning lifted its stake in SPDR Portfolio S&P 500 ETF by 3.2% in the third quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after acquiring an additional 915,823 shares during the period. Sumitomo Life Insurance Co. raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after purchasing an additional 1,410,000 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives lifted its position 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 during the period. Gradient Investments LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 44.3% during the fourth quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after purchasing an additional 1,460,710 shares in the last quarter. Finally, 1900 Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 4.8% during the fourth quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock valued at $325,259,000 after buying an additional 213,820 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPLG opened at $70.98 on Thursday. The stock has a market capitalization of $41.39 billion, a P/E ratio of 26.64 and a beta of 1.00. The business has a fifty day moving average price of $70.37 and a 200 day moving average price of $68.15. SPDR Portfolio S&P 500 ETF has a 1-year low of $57.72 and a 1-year high of $71.85.

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.