Cutler Investment Counsel LLC Increases Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Cutler Investment Counsel LLC lifted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 35.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 98,689 shares of the company’s stock after purchasing an additional 25,596 shares during the quarter. Cutler Investment Counsel LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,490,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPLG. FSA Advisors Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF by 100.6% during the 1st quarter. FSA Advisors Inc. now owns 16,577 shares of the company’s stock valued at $1,090,000 after acquiring an additional 8,312 shares during the period. Geneos Wealth Management Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF by 65.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 492,423 shares of the company’s stock valued at $32,382,000 after acquiring an additional 194,115 shares during the period. N.E.W. Advisory Services LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 8.2% during the 1st quarter. N.E.W. Advisory Services LLC now owns 1,060,174 shares of the company’s stock valued at $69,717,000 after acquiring an additional 79,930 shares during the period. Evermay Wealth Management LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 14.0% during the 1st quarter. Evermay Wealth Management LLC now owns 135,245 shares of the company’s stock valued at $8,894,000 after acquiring an additional 16,617 shares during the period. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in SPDR Portfolio S&P 500 ETF during the 1st quarter valued at $993,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.3%

Shares of NYSEARCA SPLG opened at $74.74 on Wednesday. The business has a fifty day simple moving average of $71.72 and a two-hundred day simple moving average of $68.87. The firm has a market cap of $78.15 billion, a PE ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $75.13.

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.