Sovran Advisors LLC Has $3.20 Million Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Sovran Advisors LLC increased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 39.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,939 shares of the company’s stock after purchasing an additional 11,393 shares during the period. Sovran Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,195,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 88.5% during the 2nd quarter. Bank of America Corp DE now owns 59,401,970 shares of the company’s stock worth $4,317,929,000 after acquiring an additional 27,889,948 shares in the last quarter. Creative Planning lifted its holdings in SPDR Portfolio S&P 500 ETF by 1.0% in the 2nd quarter. Creative Planning now owns 31,140,324 shares of the company’s stock worth $2,263,590,000 after purchasing an additional 319,951 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio S&P 500 ETF by 11.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 15,884,712 shares of the company’s stock worth $1,154,660,000 after purchasing an additional 1,624,308 shares during the last quarter. Kedalion Capital Management LLP boosted its position in SPDR Portfolio S&P 500 ETF by 83.7% during the third quarter. Kedalion Capital Management LLP now owns 12,884,000 shares of the company’s stock worth $1,009,333,000 after purchasing an additional 5,869,620 shares during the period. Finally, CWM LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 17.2% during the second quarter. CWM LLC now owns 9,940,516 shares of the company’s stock valued at $722,576,000 after purchasing an additional 1,456,291 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.0%

Shares of SPDR Portfolio S&P 500 ETF stock opened at $81.10 on Monday. The firm has a fifty day simple moving average of $80.29 and a 200-day simple moving average of $78.13. The stock has a market capitalization of $96.51 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.