Glassman Wealth Services Increases Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Glassman Wealth Services increased its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 8.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,395 shares of the company’s stock after buying an additional 188 shares during the period. Glassman Wealth Services’ holdings in SPDR Portfolio S&P 500 ETF were worth $165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Sumitomo Life Insurance Co. lifted its position in shares of SPDR Portfolio S&P 500 ETF by 18.4% during the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock valued at $624,086,000 after buying 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 18.5% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock valued at $617,220,000 after buying an additional 1,398,000 shares in the last quarter. Gradient Investments LLC lifted its holdings in 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 valued at $327,832,000 after purchasing an additional 1,460,710 shares in the last quarter. 1900 Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 4.8% in the 4th quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock valued at $325,259,000 after purchasing an additional 213,820 shares in the last quarter. Finally, Private Advisor Group LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 4.5% in the 4th quarter. Private Advisor Group LLC now owns 4,058,916 shares of the company’s stock valued at $279,822,000 after purchasing an additional 173,333 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $69.89 on Friday. The stock’s fifty day moving average is $70.39 and its two-hundred day moving average is $68.84. The firm has a market capitalization of $58.04 billion, a P/E ratio of 26.92 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $58.08 and a fifty-two week high of $72.14.

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.