Bay Capital Advisors LLC Buys New Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Bay Capital Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 190,730 shares of the company’s stock, valued at approximately $13,149,000. SPDR Portfolio S&P 500 ETF accounts for 10.6% of Bay Capital Advisors LLC’s investment portfolio, making the stock its largest holding.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SPLG. LPL Financial LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 10.4% during the fourth quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock valued at $2,710,503,000 after purchasing an additional 3,697,646 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 14,332.4% during the 4th quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after buying an additional 15,476,455 shares in the last quarter. Sumitomo Life Insurance Co. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock worth $624,086,000 after acquiring an additional 1,410,000 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives boosted its position in SPDR Portfolio S&P 500 ETF by 18.5% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock valued at $617,220,000 after buying an additional 1,398,000 shares during the period. Finally, Gradient Investments LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 44.3% during the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock valued at $327,832,000 after acquiring an additional 1,460,710 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPLG opened at $67.73 on Tuesday. SPDR Portfolio S&P 500 ETF has a 1 year low of $58.09 and a 1 year high of $72.14. The stock’s 50-day moving average is $69.50 and its 200 day moving average is $69.01. The company has a market cap of $56.84 billion, a PE ratio of 24.69 and a beta of 1.01.

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.