True Vision MN LLC Takes $992,000 Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

True Vision MN LLC bought a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, Holdings Channel.com reports. The fund bought 14,388 shares of the company’s stock, valued at approximately $992,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Latitude Advisors LLC grew its position in SPDR Portfolio S&P 500 ETF by 39.7% in the fourth quarter. Latitude Advisors LLC now owns 59,635 shares of the company’s stock worth $4,111,000 after buying an additional 16,957 shares during the last quarter. Sovran Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $1,352,000. Stonebridge Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth $292,000. Focus Financial Network Inc. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 6.5% in the 4th quarter. Focus Financial Network Inc. now owns 347,708 shares of the company’s stock worth $23,971,000 after acquiring an additional 21,364 shares during the last quarter. Finally, Paladin Wealth LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 37.1% during the fourth quarter. Paladin Wealth LLC now owns 142,133 shares of the company’s stock worth $9,799,000 after purchasing an additional 38,469 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Up 0.7 %

Shares of NYSEARCA SPLG opened at $71.15 on Tuesday. The business has a fifty day simple moving average of $70.36 and a 200-day simple moving average of $68.04. The company has a market cap of $41.49 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12 month low of $57.72 and a 12 month high of $71.85.

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.