Assetmark Inc. Raises Position in SPDR Portfolio S&P 500 ETF $SPLG

Assetmark Inc. boosted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 13.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 3,189,712 shares of the company’s stock after buying an additional 367,619 shares during the quarter. Assetmark Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $249,882,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $311,000. Bison Wealth LLC raised its stake in SPDR Portfolio S&P 500 ETF by 0.4% during the fourth 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 last quarter. Ignite Planners LLC lifted its position in SPDR Portfolio S&P 500 ETF by 8.2% in the 2nd quarter. Ignite Planners LLC now owns 3,503 shares of the company’s stock valued at $259,000 after acquiring an additional 266 shares in the last quarter. Vontobel Holding Ltd. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at $218,000. Finally, Axxcess Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 57.9% in the second quarter. Axxcess Wealth Management LLC now owns 32,426 shares of the company’s stock worth $2,357,000 after acquiring an additional 11,884 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG stock opened at $81.42 on Friday. The company has a market cap of $96.89 billion, a P/E ratio of 25.61 and a beta of 1.00. The stock’s fifty day moving average price is $80.93 and its 200-day moving average price is $78.79. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $81.14.

SPDR Portfolio S&P 500 ETF 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.