MFG Wealth Management Inc. Takes Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

MFG Wealth Management Inc. bought a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, Holdings Channel.com reports. The firm bought 36,683 shares of the company’s stock, valued at approximately $2,529,000. SPDR Portfolio S&P 500 ETF makes up about 2.3% of MFG Wealth Management Inc.’s holdings, making the stock its 16th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPLG. Financial Futures Ltd Liability Co. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.6% during the 3rd quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock worth $15,765,000 after purchasing an additional 8,212 shares during the period. Barclays PLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 170.0% during the 3rd quarter. Barclays PLC now owns 1,350 shares of the company’s stock worth $91,000 after acquiring an additional 850 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $7,377,000. Continuum Advisory LLC increased its stake in SPDR Portfolio S&P 500 ETF by 1.5% in the third quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock valued at $9,044,000 after acquiring an additional 1,924 shares during the period. Finally, Kingsview Wealth Management LLC raised its position in SPDR Portfolio S&P 500 ETF by 2.1% in the third quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock worth $7,784,000 after purchasing an additional 2,404 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.3 %

Shares of SPLG opened at $70.98 on Thursday. SPDR Portfolio S&P 500 ETF has a 12 month low of $57.72 and a 12 month high of $71.85. The stock has a market cap of $41.39 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The company has a 50-day moving average price of $70.37 and a two-hundred day moving average price of $68.15.

SPDR Portfolio S&P 500 ETF 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.