Principal Securities Inc. Grows Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Principal Securities Inc. lifted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 707,417 shares of the company’s stock after purchasing an additional 74,970 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 1.2% of Principal Securities Inc.’s portfolio, making the stock its 11th biggest position. Principal Securities Inc. owned about 0.12% of SPDR Portfolio S&P 500 ETF worth $47,758,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SPLG. Financial Futures Ltd Liability Co. grew its holdings in SPDR Portfolio S&P 500 ETF by 3.6% during the third quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock worth $15,765,000 after acquiring an additional 8,212 shares during the period. Sachetta LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 82.9% during the second quarter. Sachetta LLC now owns 1,624 shares of the company’s stock worth $104,000 after acquiring an additional 736 shares during the period. Bleakley Financial Group LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 5.2% during the third quarter. Bleakley Financial Group LLC now owns 18,669 shares of the company’s stock worth $1,260,000 after acquiring an additional 926 shares during the period. QRG Capital Management Inc. grew its holdings in SPDR Portfolio S&P 500 ETF by 11.8% during the second quarter. QRG Capital Management Inc. now owns 5,868 shares of the company’s stock worth $376,000 after acquiring an additional 619 shares during the period. Finally, Ausdal Financial Partners Inc. grew its holdings in SPDR Portfolio S&P 500 ETF by 0.6% during the third quarter. Ausdal Financial Partners Inc. now owns 308,615 shares of the company’s stock worth $20,835,000 after acquiring an additional 1,894 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

SPDR Portfolio S&P 500 ETF stock opened at $66.88 on Friday. The firm has a market capitalization of $39.00 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.72 and a fifty-two week high of $68.93. The stock’s fifty day moving average is $66.87 and its two-hundred day moving average is $64.25.

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.