E&G Advisors LP Purchases 7,057 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

E&G Advisors LP boosted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,050 shares of the company’s stock after purchasing an additional 7,057 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 1.5% of E&G Advisors LP’s holdings, making the stock its 13th largest position. E&G Advisors LP’s holdings in SPDR Portfolio S&P 500 ETF were worth $5,657,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Blue Trust Inc. purchased a new position in SPDR Portfolio S&P 500 ETF during the third quarter valued at $31,000. ORG Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $33,000. Highline Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $36,000. West Branch Capital LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $41,000. Finally, Decker Retirement Planning Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $43,000.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG opened at $70.31 on Tuesday. The firm’s fifty day moving average is $70.33 and its two-hundred day moving average is $67.83. The firm has a market cap of $41.00 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $57.67 and a one year high of $71.85.

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.