Wealthspire Advisors LLC Boosts Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Wealthspire Advisors LLC increased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 863,733 shares of the company’s stock after buying an additional 77,753 shares during the quarter. Wealthspire Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $59,546,000 as of its most recent SEC filing.

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

SPDR Portfolio S&P 500 ETF Stock Down 1.7 %

SPLG opened at $70.59 on Friday. The firm has a 50 day moving average price of $70.41 and a 200-day moving average price of $68.54. 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 market capitalization of $58.62 billion, a price-to-earnings ratio of 26.92 and a beta of 1.01.

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.