Kickstand Ventures LLC. Boosts Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Kickstand Ventures LLC. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 680,994 shares of the company’s stock after acquiring an additional 24,792 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 12.0% of Kickstand Ventures LLC.’s investment portfolio, making the stock its 2nd largest holding. Kickstand Ventures LLC. owned 0.12% of SPDR Portfolio S&P 500 ETF worth $46,948,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. MGB Wealth Management LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 16.5% during the fourth quarter. MGB Wealth Management LLC now owns 7,614 shares of the company’s stock worth $525,000 after acquiring an additional 1,078 shares in the last quarter. Prairieview Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $257,000. Hemington Wealth Management bought a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $30,000. Consolidated Planning Corp bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $410,000. Finally, MFG Wealth Management Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $2,529,000.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $70.98 on Thursday. The firm has a market cap of $41.39 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The stock’s 50-day moving average is $70.37 and its 200-day moving average is $68.15. SPDR Portfolio S&P 500 ETF has a one year low of $57.72 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.