SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Stake Lifted by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 300,418 shares of the company’s stock after purchasing an additional 560 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 4.5% of Cornerstone Advisors Asset Management LLC’s investment portfolio, making the stock its 7th biggest holding. Cornerstone Advisors Asset Management LLC owned approximately 0.05% of SPDR Portfolio S&P 500 ETF worth $20,711,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Elevation Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $26,000. Hemington Wealth Management purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $30,000. Blue Trust Inc. bought a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $31,000. Highline Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at $36,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $39,000.

SPDR Portfolio S&P 500 ETF Price Performance

SPDR Portfolio S&P 500 ETF stock opened at $71.93 on Wednesday. The business has a fifty day moving average price of $70.38 and a 200-day moving average price of $68.36. The firm has a market capitalization of $41.95 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $58.06 and a one year high of $71.93.

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.