HUB Investment Partners LLC Acquires 48,253 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

HUB Investment Partners LLC grew its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 20.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 287,952 shares of the company’s stock after acquiring an additional 48,253 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 0.8% of HUB Investment Partners LLC’s holdings, making the stock its 28th largest holding. HUB Investment Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $19,851,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jones Financial Companies Lllp grew its position in shares of SPDR Portfolio S&P 500 ETF by 14,332.4% during the 4th quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock worth $1,074,391,000 after buying an additional 15,476,455 shares in the last quarter. Sumitomo Life Insurance Co. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the fourth quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock worth $624,086,000 after purchasing an additional 1,410,000 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives raised its stake in shares of SPDR Portfolio S&P 500 ETF by 18.5% in the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock worth $617,220,000 after purchasing an additional 1,398,000 shares during the last quarter. Gradient Investments LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 44.3% in the fourth quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after purchasing an additional 1,460,710 shares during the last quarter. Finally, 1900 Wealth Management LLC raised its position in SPDR Portfolio S&P 500 ETF by 4.8% during the fourth quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock valued at $325,259,000 after acquiring an additional 213,820 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 1.0 %

Shares of SPLG stock opened at $66.70 on Thursday. The stock has a market cap of $55.97 billion, a P/E ratio of 24.69 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.09 and a twelve month high of $72.14. The stock has a 50 day moving average of $69.60 and a 200 day moving average of $68.95.

About SPDR Portfolio S&P 500 ETF

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.