Euro Pacific Asset Management LLC Purchases New Stake in SPDR Portfolio S&P 500 ETF $SPLG

Euro Pacific Asset Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,051 shares of the company’s stock, valued at approximately $367,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. WealthShield Partners LLC raised its position in SPDR Portfolio S&P 500 ETF by 4.3% during the first quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock valued at $1,904,000 after purchasing an additional 1,191 shares in the last quarter. Fiduciary Alliance LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth $660,000. Advisors Capital Management LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 7.3% in the first quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock valued at $450,000 after buying an additional 468 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 10.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock valued at $128,317,000 after buying an additional 187,585 shares in the last quarter. Finally, Foundations Investment Advisors LLC grew its position in SPDR Portfolio S&P 500 ETF by 0.9% in the first quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock valued at $3,188,000 after acquiring an additional 446 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.4%

SPLG opened at $79.01 on Tuesday. The company has a market cap of $87.84 billion, a P/E ratio of 25.61 and a beta of 1.00. The company’s 50 day moving average is $76.36 and its 200-day moving average is $71.22. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $79.13.

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.