SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Acquired by Archer Investment Corp

Archer Investment Corp increased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 286,989.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 80,385 shares of the company’s stock after acquiring an additional 80,357 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up 1.4% of Archer Investment Corp’s portfolio, making the stock its 11th biggest position. Archer Investment Corp’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,494,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. SOL Capital Management CO raised its stake in SPDR Portfolio S&P 500 ETF by 21.3% during the fourth quarter. SOL Capital Management CO now owns 183,230 shares of the company’s stock valued at $10,243,000 after buying an additional 32,235 shares in the last quarter. Raymond James & Associates grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 30.8% during the fourth quarter. Raymond James & Associates now owns 1,138,737 shares of the company’s stock valued at $63,655,000 after purchasing an additional 268,157 shares during the last quarter. Goodman Financial Corp grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.5% during the third quarter. Goodman Financial Corp now owns 73,232 shares of the company’s stock valued at $3,681,000 after purchasing an additional 1,060 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 48.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 28,120 shares of the company’s stock valued at $1,413,000 after purchasing an additional 9,124 shares during the last quarter. Finally, Access Financial Services Inc. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $1,437,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.4 %

Shares of NYSEARCA:SPLG traded down $0.26 during trading on Wednesday, hitting $58.96. 8,564,210 shares of the company traded hands, compared to its average volume of 8,820,938. The stock has a market capitalization of $32.59 billion, a price-to-earnings ratio of 25.72 and a beta of 1.00. The business’s fifty day moving average is $60.10 and its 200-day moving average is $55.92. SPDR Portfolio S&P 500 ETF has a one year low of $47.48 and a one year high of $61.69.

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.