Provident Wealth Management LLC Grows Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Provident Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,039 shares of the company’s stock after buying an additional 348 shares during the quarter. Provident Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $210,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPLG. World Investment Advisors LLC grew its stake in SPDR Portfolio S&P 500 ETF by 908.3% in 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 during the period. Gradient Investments LLC raised its holdings in shares of 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 worth $327,832,000 after acquiring an additional 1,460,710 shares during the period. Sumitomo Life Insurance Co. increased its position in SPDR Portfolio S&P 500 ETF by 18.4% during the fourth quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock worth $624,086,000 after purchasing an additional 1,410,000 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives increased its position in SPDR Portfolio S&P 500 ETF by 18.5% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock worth $617,220,000 after purchasing an additional 1,398,000 shares during the last quarter. Finally, Spinnaker Trust raised its stake in SPDR Portfolio S&P 500 ETF by 126.5% during the fourth quarter. Spinnaker Trust now owns 1,806,414 shares of the company’s stock worth $124,534,000 after purchasing an additional 1,008,858 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

SPDR Portfolio S&P 500 ETF stock opened at $69.91 on Wednesday. The firm has a 50 day simple moving average of $70.37 and a 200-day simple moving average of $68.75. The stock has a market cap of $58.05 billion, a price-to-earnings ratio of 26.92 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 1-year low of $58.08 and a 1-year 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.