Rakuten Securities Inc. Purchases New Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Rakuten Securities Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, HoldingsChannel reports. The fund purchased 634 shares of the company’s stock, valued at approximately $35,000.

Other institutional investors have also bought and sold shares of the company. Goodman Advisory Group LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 22.1% in the fourth quarter. Goodman Advisory Group LLC now owns 436,066 shares of the company’s stock worth $24,376,000 after purchasing an additional 78,801 shares in the last quarter. Latitude Advisors LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 10.5% in the fourth quarter. Latitude Advisors LLC now owns 11,051 shares of the company’s stock worth $618,000 after purchasing an additional 1,050 shares in the last quarter. Allen Capital Group LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 0.9% in the fourth quarter. Allen Capital Group LLC now owns 885,612 shares of the company’s stock worth $49,506,000 after purchasing an additional 7,855 shares in the last quarter. Wealth Alliance acquired a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter worth $243,000. Finally, United Asset Strategies Inc. boosted its stake in SPDR Portfolio S&P 500 ETF by 5.9% in the fourth quarter. United Asset Strategies Inc. now owns 206,419 shares of the company’s stock worth $11,539,000 after purchasing an additional 11,571 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

SPDR Portfolio S&P 500 ETF stock opened at $58.76 on Friday. The firm has a market cap of $32.48 billion, a P/E ratio of 25.72 and a beta of 1.00. The business’s fifty day moving average is $60.11 and its two-hundred day moving average is $55.97. SPDR Portfolio S&P 500 ETF has a 52 week low of $47.48 and a 52 week high of $61.69.

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.