PNC Financial Services Group Inc. Boosts Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

PNC Financial Services Group Inc. increased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.9% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 356,623 shares of the company’s stock after buying an additional 3,352 shares during the period. PNC Financial Services Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $23,452,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. SPC Financial Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 1.8% in the 1st quarter. SPC Financial Inc. now owns 298,025 shares of the company’s stock worth $19,598,000 after buying an additional 5,210 shares during the last quarter. UNIVEST FINANCIAL Corp grew its stake in shares of SPDR Portfolio S&P 500 ETF by 13.2% in the 1st quarter. UNIVEST FINANCIAL Corp now owns 1,783,960 shares of the company’s stock worth $117,313,000 after buying an additional 207,515 shares during the last quarter. Commerce Bank grew its stake in shares of SPDR Portfolio S&P 500 ETF by 28.7% in the 1st quarter. Commerce Bank now owns 10,824 shares of the company’s stock worth $712,000 after buying an additional 2,413 shares during the last quarter. MONECO Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 37.8% in the 1st quarter. MONECO Advisors LLC now owns 287,290 shares of the company’s stock worth $18,892,000 after buying an additional 78,737 shares during the last quarter. Finally, Moors & Cabot Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 4.5% in the 1st quarter. Moors & Cabot Inc. now owns 21,456 shares of the company’s stock worth $1,411,000 after buying an additional 932 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 1.5%

SPDR Portfolio S&P 500 ETF stock opened at $74.25 on Tuesday. The company has a market capitalization of $77.64 billion, a P/E ratio of 25.61 and a beta of 1.00. The stock’s 50 day moving average is $72.06 and its 200 day moving average is $68.97. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $75.28.

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.