FSB Premier Wealth Management Inc. Increases Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

FSB Premier Wealth Management Inc. boosted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 147,252 shares of the company’s stock after purchasing an additional 716 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 4.3% of FSB Premier Wealth Management Inc.’s holdings, making the stock its 2nd largest holding. FSB Premier Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $9,424,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Westwind Capital bought a new stake in SPDR Portfolio S&P 500 ETF in the second quarter worth $26,000. Evensky & Katz LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at about $27,000. Harbor Investment Advisory LLC grew its position in SPDR Portfolio S&P 500 ETF by 76.6% in the first quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock worth $39,000 after acquiring an additional 278 shares in the last quarter. ESL Trust Services LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the first quarter worth approximately $40,000. Finally, ORG Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $41,000.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG opened at $64.94 on Wednesday. The firm has a market capitalization of $37.87 billion, a PE ratio of 26.64 and a beta of 1.00. The stock’s fifty day moving average is $64.60 and its 200 day moving average is $62.30. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $66.47.

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.