SPDR Portfolio S&P 500 ETF $SPLG Shares Acquired by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC increased its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 27.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 161,452 shares of the company’s stock after purchasing an additional 35,149 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 0.9% of Cornerstone Wealth Group LLC’s investment portfolio, making the stock its 26th biggest holding. Cornerstone Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $12,648,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE grew its position in shares of SPDR Portfolio S&P 500 ETF by 88.5% in the 2nd quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock worth $4,317,929,000 after acquiring an additional 27,889,948 shares in the last quarter. Creative Planning boosted its holdings in SPDR Portfolio S&P 500 ETF by 1.0% in the second quarter. Creative Planning now owns 31,140,324 shares of the company’s stock worth $2,263,590,000 after purchasing an additional 319,951 shares during the period. Envestnet Asset Management Inc. increased its stake in SPDR Portfolio S&P 500 ETF by 11.4% during the second quarter. Envestnet Asset Management Inc. now owns 15,884,712 shares of the company’s stock valued at $1,154,660,000 after purchasing an additional 1,624,308 shares during the last quarter. Kedalion Capital Management LLP increased its stake in SPDR Portfolio S&P 500 ETF by 83.7% during the third quarter. Kedalion Capital Management LLP now owns 12,884,000 shares of the company’s stock valued at $1,009,333,000 after purchasing an additional 5,869,620 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 17.2% during the second quarter. CWM LLC now owns 9,940,516 shares of the company’s stock worth $722,576,000 after purchasing an additional 1,456,291 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

SPDR Portfolio S&P 500 ETF stock opened at $81.38 on Wednesday. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14. The firm’s 50-day moving average is $80.26 and its 200-day moving average is $77.97. The company has a market cap of $96.85 billion, a P/E ratio of 25.61 and a beta of 1.00.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.