Fortis Capital Advisors LLC Invests $1.20 Million in SPDR Portfolio S&P 500 ETF $SPLG

Fortis Capital Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,342 shares of the company’s stock, valued at approximately $1,202,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of SPDR Portfolio S&P 500 ETF by 88.5% during the 2nd quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock valued at $4,317,929,000 after buying an additional 27,889,948 shares during the last quarter. Creative Planning grew its holdings in SPDR Portfolio S&P 500 ETF by 1.0% during the second quarter. Creative Planning now owns 31,140,324 shares of the company’s stock worth $2,263,590,000 after acquiring an additional 319,951 shares during the period. Envestnet Asset Management Inc. raised its position 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 acquiring an additional 1,624,308 shares in the last quarter. Kedalion Capital Management LLP raised its position 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 acquiring an additional 5,869,620 shares in the last quarter. Finally, CWM LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 17.2% in the second quarter. CWM LLC now owns 9,940,516 shares of the company’s stock valued at $722,576,000 after acquiring an additional 1,456,291 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 0.0%

SPDR Portfolio S&P 500 ETF stock opened at $81.10 on Tuesday. The firm has a market cap of $96.51 billion, a PE ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $81.14. The stock’s 50 day simple moving average is $80.33 and its two-hundred day simple moving average is $78.18.

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.