SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Sets New 12-Month High at $61.70

SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $61.70 and last traded at $61.53, with a volume of 6700087 shares. The stock had previously closed at $61.52.

SPDR Portfolio S&P 500 ETF Stock Performance

The stock has a 50 day moving average price of $59.26 and a two-hundred day moving average price of $55.03. The company has a market capitalization of $22.69 billion, a PE ratio of 16.41 and a beta of 1.00.

Institutional Investors Weigh In On SPDR Portfolio S&P 500 ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in SPLG. MAS Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 26.3% during the 1st quarter. MAS Advisors LLC now owns 31,593 shares of the company’s stock worth $1,704,000 after purchasing an additional 6,574 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 45.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,922 shares of the company’s stock worth $368,000 after purchasing an additional 2,170 shares in the last quarter. BlackRock Inc. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 13.2% during the 1st quarter. BlackRock Inc. now owns 1,694,160 shares of the company’s stock worth $90,011,000 after purchasing an additional 197,709 shares in the last quarter. U.S. Capital Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at approximately $268,000. Finally, Mather Group LLC. bought a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at approximately $419,000.

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.