SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Hits New 52-Week High – Still a Buy?

Posted by Carolyn Dwyer on Feb 14th, 2025

SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Get Free Report)’s share price hit a new 52-week high on Friday . The stock traded as high as $71.88 and last traded at $71.82, with a volume of 554919 shares changing hands. The stock had previously closed at $71.73.

SPDR Portfolio S&P 500 ETF Price Performance

The firm’s 50-day moving average price is $70.36 and its 200 day moving average price is $68.19. The firm has a market cap of $41.85 billion, a P/E ratio of 26.64 and a beta of 1.00.

Hedge Funds Weigh In On SPDR Portfolio S&P 500 ETF

Large investors have recently bought and sold shares of the business. Creative Planning grew its position in SPDR Portfolio S&P 500 ETF by 3.2% in the third quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after buying an additional 915,823 shares during the last quarter. Market Street Wealth Management Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.5% during the 3rd quarter. Market Street Wealth Management Advisors LLC now owns 547,897 shares of the company’s stock valued at $36,989,000 after buying an additional 2,819 shares during the period. B.O.S.S. Retirement Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 87.4% during the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 40,884 shares of the company’s stock valued at $2,760,000 after buying an additional 19,066 shares during the period. Cornerstone Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 1.3% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 535,864 shares of the company’s stock valued at $36,176,000 after buying an additional 6,744 shares during the period. Finally, Summit Investment Advisory Services LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at $598,000.

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.