Modern Wealth Management LLC Buys Shares of 4,771 SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Modern Wealth Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,771 shares of the company’s stock, valued at approximately $339,000.

Several other large investors have also made changes to their positions in SPLG. MN Wealth Advisors LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 7.0% in the 4th quarter. MN Wealth Advisors LLC now owns 29,869 shares of the company’s stock valued at $2,059,000 after purchasing an additional 1,960 shares in the last quarter. Barclays PLC boosted its stake in SPDR Portfolio S&P 500 ETF by 170.0% in the third quarter. Barclays PLC now owns 1,350 shares of the company’s stock valued at $91,000 after buying an additional 850 shares in the last quarter. Shepherd Financial Partners LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 5.3% in the fourth quarter. Shepherd Financial Partners LLC now owns 93,323 shares of the company’s stock valued at $6,434,000 after buying an additional 4,676 shares in the last quarter. Keybank National Association OH bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $211,000. Finally, Golden State Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $7,377,000.

SPDR Portfolio S&P 500 ETF Trading Down 0.3 %

SPLG opened at $66.91 on Friday. The company has a market cap of $56.15 billion, a P/E ratio of 24.69 and a beta of 1.01. The company’s 50 day moving average is $69.38 and its 200-day moving average is $69.02. SPDR Portfolio S&P 500 ETF has a 1-year low of $58.09 and a 1-year high of $72.14.

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.