1900 Wealth Management LLC Buys 213,820 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

1900 Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,704,127 shares of the company’s stock after buying an additional 213,820 shares during the period. SPDR Portfolio S&P 500 ETF makes up 27.3% of 1900 Wealth Management LLC’s investment portfolio, making the stock its biggest position. 1900 Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $325,259,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Consolidated Portfolio Review Corp boosted its holdings in SPDR Portfolio S&P 500 ETF by 108.4% in the fourth quarter. Consolidated Portfolio Review Corp now owns 6,337 shares of the company’s stock valued at $437,000 after acquiring an additional 3,296 shares during the last quarter. Eagle Ridge Investment Management lifted its position in shares of SPDR Portfolio S&P 500 ETF by 184.5% in the 4th quarter. Eagle Ridge Investment Management now owns 45,961 shares of the company’s stock worth $3,169,000 after purchasing an additional 29,804 shares during the period. McHugh Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $2,702,000. Silver Oak Securities Incorporated increased its position in shares of SPDR Portfolio S&P 500 ETF by 11.2% during the fourth quarter. Silver Oak Securities Incorporated now owns 106,835 shares of the company’s stock worth $7,393,000 after buying an additional 10,724 shares during the period. Finally, Etesian Wealth Advisors Inc. raised its stake in SPDR Portfolio S&P 500 ETF by 60.2% during the fourth quarter. Etesian Wealth Advisors Inc. now owns 18,528 shares of the company’s stock worth $1,277,000 after buying an additional 6,966 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.3 %

SPLG stock opened at $71.33 on Friday. The company’s fifty day simple moving average is $70.35 and its 200 day simple moving average is $67.93. SPDR Portfolio S&P 500 ETF has a 12-month low of $57.72 and a 12-month high of $71.85. The firm has a market cap of $41.60 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.