SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Sets New 52-Week High – Here’s What Happened

Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) hit a new 52-week high on Thursday . The stock traded as high as $72.14 and last traded at $72.10, with a volume of 3587779 shares trading hands. The stock had previously closed at $71.93.

SPDR Portfolio S&P 500 ETF Stock Performance

The firm has a market capitalization of $41.16 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The stock’s fifty day moving average is $70.42 and its two-hundred day moving average is $68.47.

Institutional Trading of SPDR Portfolio S&P 500 ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Perennial Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $1,759,000. ARQ Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.6% during the 4th quarter. ARQ Wealth Advisors LLC now owns 115,588 shares of the company’s stock valued at $7,969,000 after buying an additional 688 shares during the last quarter. Richmond Investment Services LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $1,268,000. Columbia River Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $13,056,000. Finally, North Star Asset Management Inc. raised its holdings in SPDR Portfolio S&P 500 ETF by 11.1% in the fourth quarter. North Star Asset Management Inc. now owns 721,181 shares of the company’s stock valued at $49,718,000 after acquiring an additional 72,281 shares in the last quarter.

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.