Riversedge Advisors LLC Buys Shares of 6,915 SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Riversedge Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 6,915 shares of the company’s stock, valued at approximately $477,000.

Several other institutional investors also recently modified their holdings of SPLG. Creative Planning boosted 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 valued at $1,990,994,000 after acquiring an additional 915,823 shares during the last quarter. Sumitomo Life Insurance Co. lifted its stake 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 valued at $515,952,000 after purchasing an additional 2,550,000 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives lifted its stake 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 valued at $510,038,000 after purchasing an additional 4,585,000 shares during the period. CWM LLC boosted its position 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 during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of SPDR Portfolio S&P 500 ETF by 2.5% during the third quarter. The Manufacturers Life Insurance Company now owns 3,962,906 shares of the company’s stock worth $267,536,000 after purchasing an additional 96,930 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 1.0 %

NYSEARCA SPLG opened at $70.29 on Friday. SPDR Portfolio S&P 500 ETF has a 12 month low of $55.56 and a 12 month high of $71.64. The company has a market capitalization of $40.99 billion, a PE ratio of 26.64 and a beta of 1.00. The stock has a 50-day simple moving average of $70.08 and a 200 day simple moving average of $67.43.

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.