Continuum Wealth Advisors LLC Invests $5.51 Million in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Continuum Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, HoldingsChannel reports. The firm purchased 79,934 shares of the company’s stock, valued at approximately $5,511,000. SPDR Portfolio S&P 500 ETF accounts for 2.8% of Continuum Wealth Advisors LLC’s portfolio, making the stock its 11th biggest position.

A number of other hedge funds have also modified their holdings of SPLG. World Investment Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 908.3% during the 3rd quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock worth $114,433,000 after purchasing an additional 1,526,942 shares during the period. Gradient Investments LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 44.3% during the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after purchasing an additional 1,460,710 shares during the period. Sumitomo Life Insurance Co. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.4% during the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock worth $624,086,000 after purchasing an additional 1,410,000 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.5% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock worth $617,220,000 after purchasing an additional 1,398,000 shares during the period. Finally, Spinnaker Trust grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 126.5% during the 4th quarter. Spinnaker Trust now owns 1,806,414 shares of the company’s stock worth $124,534,000 after purchasing an additional 1,008,858 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Down 0.5 %

NYSEARCA SPLG opened at $70.26 on Tuesday. The stock has a market cap of $58.34 billion, a PE ratio of 26.92 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.08 and a twelve month high of $72.14. The stock has a fifty day simple moving average of $70.41 and a 200-day simple moving average of $68.64.

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.