Fifth Third Securities Inc. Boosts Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Fifth Third Securities Inc. raised its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 216,602 shares of the company’s stock after buying an additional 23,792 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 1.3% of Fifth Third Securities Inc.’s portfolio, making the stock its 14th biggest position. Fifth Third Securities Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $14,933,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Blue Trust Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF in the third quarter worth approximately $31,000. ORG Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the third quarter worth approximately $33,000. Highline Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the third quarter worth approximately $36,000. West Branch Capital LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $41,000. Finally, Decker Retirement Planning Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $43,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $71.16 on Friday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.80 and a fifty-two week high of $71.85. The stock has a 50 day moving average price of $70.29 and a two-hundred day moving average price of $67.74. The company has a market capitalization of $41.50 billion, a P/E ratio of 26.64 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.