Armstrong Advisory Group Inc. Buys 552,885 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Armstrong Advisory Group Inc. increased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1,254.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 596,970 shares of the company’s stock after buying an additional 552,885 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 3.2% of Armstrong Advisory Group Inc.’s holdings, making the stock its 8th biggest position. Armstrong Advisory Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $47,889,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SPLG. Bank of America Corp DE increased its position in SPDR Portfolio S&P 500 ETF by 10.2% in the 3rd quarter. Bank of America Corp DE now owns 65,441,181 shares of the company’s stock worth $5,126,662,000 after purchasing an additional 6,039,211 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of SPDR Portfolio S&P 500 ETF by 15.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 50,982,604 shares of the company’s stock worth $3,968,996,000 after purchasing an additional 6,782,445 shares in the last quarter. Creative Planning lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.9% during the 3rd quarter. Creative Planning now owns 32,029,687 shares of the company’s stock valued at $2,509,206,000 after buying an additional 889,363 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 6.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,868,988 shares of the company’s stock valued at $1,321,517,000 after buying an additional 984,276 shares in the last quarter. Finally, Kedalion Capital Management LLP grew its stake in shares of SPDR Portfolio S&P 500 ETF by 83.7% in the 3rd quarter. Kedalion Capital Management LLP now owns 12,884,000 shares of the company’s stock valued at $1,009,333,000 after buying an additional 5,869,620 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 1.4%

SPDR Portfolio S&P 500 ETF stock opened at $76.33 on Friday. The company has a market capitalization of $90.84 billion, a P/E ratio of 25.61 and a beta of 1.00. The firm’s fifty day simple moving average is $80.53 and its 200-day simple moving average is $79.67. 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 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.