DAVENPORT & Co LLC increased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 16.1% during the third quarter, Holdings Channel reports. The institutional investor owned 138,875 shares of the company’s stock after purchasing an additional 19,228 shares during the quarter. DAVENPORT & Co LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,879,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $311,000. Bison Wealth LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 0.4% in the 4th quarter. Bison Wealth LLC now owns 142,938 shares of the company’s stock valued at $9,854,000 after buying an additional 630 shares during the period. Russell Investments Group Ltd. increased its holdings in SPDR Portfolio S&P 500 ETF by 376.7% in the 1st quarter. Russell Investments Group Ltd. now owns 2,417 shares of the company’s stock valued at $159,000 after buying an additional 1,910 shares during the period. Comerica Bank raised its stake in shares of SPDR Portfolio S&P 500 ETF by 25.7% in the 1st quarter. Comerica Bank now owns 28,730 shares of the company’s stock valued at $1,889,000 after buying an additional 5,878 shares in the last quarter. Finally, RB Capital Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 9.4% during the 1st quarter. RB Capital Management LLC now owns 4,792 shares of the company’s stock worth $315,000 after acquiring an additional 410 shares during the period.
SPDR Portfolio S&P 500 ETF Stock Up 0.5%
NYSEARCA SPLG opened at $81.18 on Thursday. The stock has a market cap of $96.61 billion, a P/E ratio of 25.61 and a beta of 1.00. The company’s 50-day simple moving average is $79.65 and its 200 day simple moving average is $76.64. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $81.14.
SPDR Portfolio S&P 500 ETF News Summary
- Positive Sentiment: S&P 500 hit a record close on a fourth straight up day, led by technology names (Broadcom, Nvidia), which tends to lift SPLG because the ETF tracks the index. S&P 500 Hits Record on Fourth Straight Up Day
- Positive Sentiment: Investor sentiment measures moved further into the “Greed” zone as the S&P closed at records, supporting risk-on positioning and passive ETF inflows into S&P 500 products like SPLG. S&P 500 Hits Record Close: Investor Sentiment Improves Further, Fear Index Remains In ‘Greed’ Zone
- Positive Sentiment: Analyst/strategist commentary is cautiously optimistic that the S&P rally may have more room, which supports continued demand for broad S&P exposure via SPLG. S&P 500 forecast: could 2026 be its fourth straight year of double-digit gains?
- Neutral Sentiment: Market activity is light ahead of and during the holiday-shortened session (early closes on Christmas Eve), which can amplify moves in large ETFs like SPLG due to thinner liquidity. Economy grows, chip tariff delay, new S&P 500 record and more in Morning Squawk
- Neutral Sentiment: Early sessions have been generally quiet as traders wind down for the holidays, producing choppier overnight futures without a clear trend for the cash index. NASDAQ Index, S&P 500 and Dow Jones Forecasts – US Indices Quiet on Christmas Eve
- Negative Sentiment: Some futures traded lower on Christmas Eve despite strong GDP prints, signaling short-term profit-taking or risk-off ahead of the holiday close — this could weigh on SPLG intraday volatility. Stock Market Today: Dow Jones, S&P 500 Futures Drop On Christmas Eve Despite Strong Q3 GDP Report
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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.
Featured Stories
- Five stocks we like better than SPDR Portfolio S&P 500 ETF
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Can Any Expenses Be Deducted From Capital Gains Tax?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Forget AI, This Will Be the Next Big Tech Breakthrough
Want to see what other hedge funds are holding SPLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report).
Receive News & Ratings for SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
