SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Stake Lifted by Private Advisor Group LLC

Private Advisor Group LLC raised its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.5% during the fourth quarter, HoldingsChannel reports. The firm owned 4,058,916 shares of the company’s stock after purchasing an additional 173,333 shares during the period. SPDR Portfolio S&P 500 ETF comprises 1.6% of Private Advisor Group LLC’s holdings, making the stock its 6th biggest position. Private Advisor Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $279,822,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter worth $26,000. Hemington Wealth Management acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter worth $30,000. Blue Trust Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $31,000. Highline Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $36,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter worth $39,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.3 %

Shares of SPLG opened at $71.93 on Wednesday. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.06 and a 52-week high of $71.93. The company has a market capitalization of $41.95 billion, a PE ratio of 26.64 and a beta of 1.00. The stock has a fifty day simple moving average of $70.38 and a two-hundred 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.