Rakuten Securities Inc. Boosts Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Rakuten Securities Inc. raised its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1,163.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,364 shares of the company’s stock after purchasing an additional 1,256 shares during the period. Rakuten Securities Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $94,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SPLG. Jones Financial Companies Lllp increased 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 purchasing an additional 15,476,455 shares during the period. Raymond James Financial Inc. purchased a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $269,842,000. Independent Advisor Alliance increased 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 purchasing an additional 2,922,219 shares during the period. World Investment Advisors LLC increased 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 purchasing an additional 1,526,942 shares during the period. Finally, Gradient Investments LLC increased 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 purchasing an additional 1,460,710 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $65.75 on Thursday. The company’s 50-day simple moving average is $69.93 and its two-hundred day simple moving average is $68.94. SPDR Portfolio S&P 500 ETF has a one year low of $58.08 and a one year high of $72.14. The company has a market capitalization of $55.17 billion, a price-to-earnings ratio of 24.69 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF 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.