Summit Global Investments Has $4.04 Million Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Summit Global Investments lowered its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 75.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 72,341 shares of the company’s stock after selling 225,378 shares during the quarter. Summit Global Investments’ holdings in SPDR Portfolio S&P 500 ETF were worth $4,044,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Allworth Financial LP boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 4.9% in the 4th quarter. Allworth Financial LP now owns 5,106 shares of the company’s stock valued at $285,000 after purchasing an additional 239 shares in the last quarter. Helen Stephens Group LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the 4th quarter. Helen Stephens Group LLC now owns 36,498 shares of the company’s stock worth $2,040,000 after acquiring an additional 242 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in SPDR Portfolio S&P 500 ETF by 5.6% during the 4th quarter. Kestra Private Wealth Services LLC now owns 4,682 shares of the company’s stock worth $262,000 after acquiring an additional 249 shares during the last quarter. E&G Advisors LP increased its holdings in SPDR Portfolio S&P 500 ETF by 0.4% during the 4th quarter. E&G Advisors LP now owns 67,349 shares of the company’s stock valued at $3,765,000 after purchasing an additional 264 shares in the last quarter. Finally, JDM Financial Group LLC raised its position in SPDR Portfolio S&P 500 ETF by 0.4% in the 3rd quarter. JDM Financial Group LLC now owns 75,290 shares of the company’s stock valued at $3,784,000 after purchasing an additional 275 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock traded up $0.48 during trading hours on Thursday, hitting $59.32. 5,393,077 shares of the company’s stock were exchanged, compared to its average volume of 8,701,545. SPDR Portfolio S&P 500 ETF has a 52 week low of $47.48 and a 52 week high of $61.69. The stock has a market cap of $33.46 billion, a price-to-earnings ratio of 25.60 and a beta of 1.00. The stock’s 50-day moving average is $60.21 and its 200-day moving average is $56.55.

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.