Bank of New York Mellon Corp Grows Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Bank of New York Mellon Corp grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 117.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 88,594 shares of the company’s stock after acquiring an additional 47,898 shares during the quarter. Bank of New York Mellon Corp’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,108,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Brown Financial Advisors lifted its position in shares of SPDR Portfolio S&P 500 ETF by 38.4% in the fourth quarter. Brown Financial Advisors now owns 293,768 shares of the company’s stock valued at $20,252,000 after acquiring an additional 81,582 shares in the last quarter. Transcendent Capital Group LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 2.3% in the fourth quarter. Transcendent Capital Group LLC now owns 80,603 shares of the company’s stock valued at $5,557,000 after acquiring an additional 1,787 shares in the last quarter. Pine Valley Investments Ltd Liability Co lifted its position in SPDR Portfolio S&P 500 ETF by 9.0% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 104,507 shares of the company’s stock worth $7,205,000 after buying an additional 8,608 shares in the last quarter. Portland Financial Advisors Inc purchased a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $437,000. Finally, Colonial River Investments LLC lifted its position in SPDR Portfolio S&P 500 ETF by 4.6% during the fourth quarter. Colonial River Investments LLC now owns 5,839 shares of the company’s stock worth $403,000 after buying an additional 255 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $66.20 on Monday. SPDR Portfolio S&P 500 ETF has a one year low of $58.08 and a one year high of $72.14. The company has a market cap of $55.55 billion, a price-to-earnings ratio of 24.69 and a beta of 1.01. The business’s 50 day moving average price is $69.79 and its 200 day moving average price is $68.96.

SPDR Portfolio S&P 500 ETF Company 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.