SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is Wealthcare Advisory Partners LLC’s Largest Position

Wealthcare Advisory Partners LLC lifted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 8.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 3,330,188 shares of the company’s stock after buying an additional 255,134 shares during the period. SPDR Portfolio S&P 500 ETF makes up about 6.7% of Wealthcare Advisory Partners LLC’s investment portfolio, making the stock its largest position. Wealthcare Advisory Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $213,132,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Wealth Alliance lifted its position in shares of SPDR Portfolio S&P 500 ETF by 8.3% during the 2nd quarter. Wealth Alliance now owns 3,556 shares of the company’s stock valued at $228,000 after buying an additional 274 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 17.0% during the second quarter. Axxcess Wealth Management LLC now owns 37,184 shares of the company’s stock valued at $2,380,000 after purchasing an additional 5,395 shares in the last quarter. Alpha Financial Partners LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 0.3% in the 2nd quarter. Alpha Financial Partners LLC now owns 71,887 shares of the company’s stock worth $4,601,000 after buying an additional 249 shares during the period. Moors & Cabot Inc. boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 7.6% in the second quarter. Moors & Cabot Inc. now owns 20,226 shares of the company’s stock worth $1,294,000 after acquiring an additional 1,426 shares during the period. Finally, Citizens Financial Group Inc. RI bought a new position in SPDR Portfolio S&P 500 ETF in the 2nd quarter worth approximately $354,000.

SPDR Portfolio S&P 500 ETF Price Performance

SPDR Portfolio S&P 500 ETF stock opened at $66.23 on Wednesday. The firm’s 50 day moving average price is $64.71 and its 200-day moving average price is $62.74. SPDR Portfolio S&P 500 ETF has a 1 year low of $48.13 and a 1 year high of $66.64. The stock has a market cap of $38.62 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.