SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Purchased by StoneCrest Wealth Management Inc.

StoneCrest Wealth Management Inc. grew its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.8% during the fourth quarter, Holdings Channel reports. The firm owned 112,225 shares of the company’s stock after acquiring an additional 4,076 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 5.1% of StoneCrest Wealth Management Inc.’s portfolio, making the stock its 3rd biggest holding. StoneCrest Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,737,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of SPLG. Blue Trust Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $31,000. ORG Wealth Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth $33,000. Highline Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth $36,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the second quarter valued at $49,000. Finally, Creekmur Asset Management LLC grew its stake in SPDR Portfolio S&P 500 ETF by 3,595.2% during the 3rd quarter. Creekmur Asset Management LLC now owns 776 shares of the company’s stock worth $52,000 after purchasing an additional 755 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG stock opened at $69.60 on Friday. The business’s 50-day moving average is $70.08 and its two-hundred day moving average is $67.37. The firm has a market capitalization of $40.59 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $55.26 and a 1 year high of $71.64.

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.