Crews Bank & Trust Increases Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Crews Bank & Trust boosted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 983,573 shares of the company’s stock after acquiring an additional 14,563 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 11.0% of Crews Bank & Trust’s investment portfolio, making the stock its biggest position. Crews Bank & Trust owned approximately 0.11% of SPDR Portfolio S&P 500 ETF worth $64,680,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Merkkuri Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 18.9% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 162,913 shares of the company’s stock valued at $10,713,000 after purchasing an additional 25,889 shares in the last quarter. Tower View Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 66.9% during the 1st quarter. Tower View Wealth Management LLC now owns 99,548 shares of the company’s stock valued at $6,546,000 after purchasing an additional 39,894 shares in the last quarter. Cobblestone Asset Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 29.9% during the 1st quarter. Cobblestone Asset Management LLC now owns 24,869 shares of the company’s stock valued at $1,635,000 after purchasing an additional 5,720 shares in the last quarter. Denver Wealth Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.8% during the 1st quarter. Denver Wealth Management Inc. now owns 744,213 shares of the company’s stock valued at $48,939,000 after purchasing an additional 5,556 shares in the last quarter. Finally, Advisor Resource Council bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 1st quarter valued at about $11,608,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.2%

Shares of SPLG opened at $70.11 on Friday. The firm’s 50-day moving average price is $67.54 and its 200-day moving average price is $68.27. The firm has a market capitalization of $69.78 billion, a price-to-earnings ratio of 25.31 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $72.14.

SPDR Portfolio S&P 500 ETF 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.