Balentine LLC Raises Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Balentine LLC raised its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 53,847 shares of the company’s stock after purchasing an additional 3,030 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 0.1% of Balentine LLC’s investment portfolio, making the stock its 27th largest holding. Balentine LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,635,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SPLG. Westwind Capital acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $26,000. Blue Trust Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $31,000. ORG Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the third quarter worth approximately $33,000. Highline Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $36,000. Finally, ESL Trust Services LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $40,000.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $67.82 on Wednesday. The firm’s fifty day moving average price is $66.95 and its 200 day moving average price is $64.50. SPDR Portfolio S&P 500 ETF has a 12 month low of $50.97 and a 12 month high of $68.93. The company has a market capitalization of $39.55 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.