99,959 Shares in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Bought by MMA Asset Management LLC

MMA Asset Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, Holdings Channel.com reports. The firm acquired 99,959 shares of the company’s stock, valued at approximately $6,891,000. SPDR Portfolio S&P 500 ETF makes up 3.0% of MMA Asset Management LLC’s portfolio, making the stock its 6th biggest holding.

Other hedge funds have also added to or reduced their stakes in the company. Elevation Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter worth $26,000. Hemington Wealth Management acquired a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter worth $30,000. Blue Trust Inc. acquired a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $31,000. Comprehensive Financial Planning Inc. PA acquired a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter worth $39,000. Finally, West Branch Capital LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter worth $41,000.

SPDR Portfolio S&P 500 ETF Trading Up 1.5 %

Shares of SPDR Portfolio S&P 500 ETF stock opened at $69.89 on Friday. The stock’s fifty day simple moving average is $70.39 and its 200 day simple moving average is $68.84. SPDR Portfolio S&P 500 ETF has a 12 month low of $58.08 and a 12 month high of $72.14. The company has a market capitalization of $58.04 billion, a PE ratio of 26.92 and a beta of 1.01.

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.