Joel Adams & Associates Inc. Takes Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Joel Adams & Associates Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, Holdings Channel.com reports. The fund acquired 4,438 shares of the company’s stock, valued at approximately $306,000.

A number of other hedge funds also recently made changes to their positions in SPLG. Blue Trust Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $31,000. Trilogy Capital Inc. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 4.4% during the third quarter. Trilogy Capital Inc. now owns 10,044 shares of the company’s stock valued at $678,000 after purchasing an additional 421 shares during the period. Venture Visionary Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 4.6% during the third quarter. Venture Visionary Partners LLC now owns 44,406 shares of the company’s stock valued at $2,998,000 after purchasing an additional 1,953 shares during the period. Kennicott Capital Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth approximately $2,045,000. Finally, Precision Wealth Strategies LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 21.8% during the third quarter. Precision Wealth Strategies LLC now owns 9,196 shares of the company’s stock worth $621,000 after buying an additional 1,643 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.3 %

SPLG stock opened at $71.93 on Wednesday. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.06 and a twelve month high of $71.93. The company has a market capitalization of $41.95 billion, a P/E ratio of 26.64 and a beta of 1.00. The firm has a 50 day simple moving average of $70.38 and a 200-day simple moving average of $68.36.

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.