Dearborn Partners LLC Buys 10,353 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Dearborn Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 41.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,179 shares of the company’s stock after acquiring an additional 10,353 shares during the quarter. Dearborn Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,425,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of SPLG. Jones Financial Companies Lllp boosted its position in SPDR Portfolio S&P 500 ETF by 14,332.4% during the 4th quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after acquiring an additional 15,476,455 shares in the last quarter. Raymond James Financial Inc. bought a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $269,842,000. Independent Advisor Alliance boosted its position in SPDR Portfolio S&P 500 ETF by 2,019.1% during the 4th quarter. Independent Advisor Alliance now owns 3,066,946 shares of the company’s stock valued at $211,435,000 after acquiring an additional 2,922,219 shares in the last quarter. World Investment Advisors LLC boosted its position in SPDR Portfolio S&P 500 ETF by 908.3% during the 3rd quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock valued at $114,433,000 after acquiring an additional 1,526,942 shares in the last quarter. Finally, Gradient Investments LLC boosted its position in SPDR Portfolio S&P 500 ETF by 44.3% during the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after acquiring an additional 1,460,710 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 2.7 %

Shares of NYSEARCA SPLG opened at $65.95 on Tuesday. SPDR Portfolio S&P 500 ETF has a 12-month low of $58.08 and a 12-month high of $72.14. The stock’s fifty day simple moving average is $70.07 and its two-hundred day simple moving average is $68.97. The stock has a market capitalization of $54.76 billion, a PE ratio of 26.92 and a beta of 1.01.

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.