Bluestem Financial Advisors LLC Boosts Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Bluestem Financial Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 55,289 shares of the company’s stock after purchasing an additional 706 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 1.7% of Bluestem Financial Advisors LLC’s portfolio, making the stock its 12th largest position. Bluestem Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,881,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SPLG. MAS Advisors LLC increased its position in SPDR Portfolio S&P 500 ETF by 26.3% during the 1st quarter. MAS Advisors LLC now owns 31,593 shares of the company’s stock valued at $1,704,000 after purchasing an additional 6,574 shares during the period. PNC Financial Services Group Inc. grew its position in shares of SPDR Portfolio S&P 500 ETF by 45.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,922 shares of the company’s stock worth $368,000 after buying an additional 2,170 shares during the last quarter. BlackRock Inc. grew its position in shares of SPDR Portfolio S&P 500 ETF by 13.2% in the 1st quarter. BlackRock Inc. now owns 1,694,160 shares of the company’s stock worth $90,011,000 after buying an additional 197,709 shares during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $268,000. Finally, Mather Group LLC. purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $419,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG stock traded down $0.37 during trading on Tuesday, reaching $51.79. The company had a trading volume of 1,205,996 shares, compared to its average volume of 3,371,286. The company has a market cap of $19.11 billion, a price-to-earnings ratio of 16.41 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $40.92 and a twelve month high of $54.02. The firm has a 50-day simple moving average of $52.64 and a 200-day simple moving average of $50.22.

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.