SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Trading Up 0.8% – Still a Buy?

SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLGGet Free Report)’s share price was up 0.8% on Wednesday . The stock traded as high as $88.0399 and last traded at $87.88. 14,979,335 shares were traded during mid-day trading, an increase of 65% from the average session volume of 9,075,672 shares. The stock had previously closed at $87.18.

SPDR Portfolio S&P 500 ETF Stock Up 0.8%

The company has a market cap of $104.58 billion, a PE ratio of 25.61 and a beta of 1.00. The stock has a 50-day simple moving average of $86.73 and a 200 day simple moving average of $82.41.

Institutional Trading of SPDR Portfolio S&P 500 ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Heritage Wealth Advisors purchased a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth about $38,000. Wealth Watch Advisors INC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at approximately $43,000. North Ridge Wealth Advisors Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth approximately $63,000. Strategic Advocates LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $65,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $76,000.

SPDR Portfolio S&P 500 ETF Company Profile

(Get Free Report)

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.

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