BankPlus Trust Department Has $1.96 Million Stake in SPDR Portfolio S&P 500 ETF $SPLG

BankPlus Trust Department reduced its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 20.2% in the 3rd quarter, Holdings Channel reports. The firm owned 25,008 shares of the company’s stock after selling 6,342 shares during the period. BankPlus Trust Department’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,959,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $311,000. Bison Wealth LLC raised 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 worth $9,854,000 after acquiring an additional 630 shares during the period. Russell Investments Group Ltd. raised 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 worth $159,000 after acquiring an additional 1,910 shares during the period. Comerica Bank lifted its position in SPDR Portfolio S&P 500 ETF by 25.7% during the 1st quarter. Comerica Bank now owns 28,730 shares of the company’s stock worth $1,889,000 after acquiring an additional 5,878 shares during the last quarter. Finally, Trexquant Investment LP bought a new stake in SPDR Portfolio S&P 500 ETF during the first quarter valued at about $277,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPLG opened at $81.22 on Friday. The stock’s 50-day moving average is $79.79 and its 200-day moving average is $76.79. The company has a market cap of $96.66 billion, a P/E ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $81.14.

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.