Tectonic Advisors LLC Acquires 693,668 Shares of SPDR Portfolio S&P 500 ETF $SPLG

by · The Cerbat Gem

Tectonic Advisors LLC lifted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 274.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 946,683 shares of the company’s stock after acquiring an additional 693,668 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 4.1% of Tectonic Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Tectonic Advisors LLC owned about 0.08% of SPDR Portfolio S&P 500 ETF worth $74,163,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Consolidated Planning Corp boosted its position in SPDR Portfolio S&P 500 ETF by 2.3% in the second quarter. Consolidated Planning Corp now owns 6,079 shares of the company’s stock valued at $442,000 after buying an additional 137 shares during the last quarter. Westover Capital Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 0.4% in the second quarter. Westover Capital Advisors LLC now owns 35,931 shares of the company’s stock worth $2,612,000 after acquiring an additional 138 shares during the period. Ranch Capital Advisors Inc. boosted its position in SPDR Portfolio S&P 500 ETF by 0.7% in the 2nd quarter. Ranch Capital Advisors Inc. now owns 21,013 shares of the company’s stock worth $1,527,000 after purchasing an additional 143 shares in the last quarter. International Assets Investment Management LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 3.3% in the 2nd quarter. International Assets Investment Management LLC now owns 4,666 shares of the company’s stock worth $339,000 after acquiring an additional 149 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 20.2% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 898 shares of the company’s stock valued at $65,000 after buying an additional 151 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 0.7%

NYSEARCA SPLG opened at $80.22 on Friday. The stock has a fifty day simple moving average of $79.95 and a 200-day simple moving average of $77.03. The stock has a market cap of $95.47 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 $81.14.

About SPDR Portfolio S&P 500 ETF

(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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