Joel Adams & Associates Inc. Invests $306,000 in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Joel Adams & Associates Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 4,438 shares of the company’s stock, valued at approximately $306,000.

Several other large investors have also modified their holdings of SPLG. Elevation Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $26,000. Hemington Wealth Management purchased a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $30,000. Blue Trust Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $31,000. Highline Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $36,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $39,000.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $71.93 on Wednesday. SPDR Portfolio S&P 500 ETF has a one year low of $58.06 and a one year high of $71.93. The company’s 50 day moving average price is $70.38 and its 200 day moving average price is $68.36. The firm has a market capitalization of $41.95 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.