Mather Group LLC. Increases Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Mather Group LLC. boosted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 55.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,868 shares of the company’s stock after buying an additional 1,728 shares during the period. Mather Group LLC.’s holdings in SPDR Portfolio S&P 500 ETF were worth $300,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Evensky & Katz LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the first quarter worth $27,000. Tower View Wealth Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 416.8% during the 4th quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock worth $34,000 after purchasing an additional 496 shares during the last quarter. Rakuten Securities Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter worth $35,000. Harbor Investment Advisory LLC raised its stake in SPDR Portfolio S&P 500 ETF by 76.6% during the first quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock worth $39,000 after purchasing an additional 278 shares during the period. Finally, ESL Trust Services LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $40,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.9 %

SPLG traded up $0.54 on Wednesday, hitting $61.94. The company had a trading volume of 3,482,448 shares, compared to its average volume of 7,528,473. SPDR Portfolio S&P 500 ETF has a 1 year low of $48.13 and a 1 year high of $66.47. The firm has a market cap of $36.12 billion, a P/E ratio of 26.64 and a beta of 1.00. The company’s fifty day moving average price is $63.99 and its 200 day moving average price is $61.37.

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.