Intrepid Financial Planning Group LLC Raises Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Intrepid Financial Planning Group LLC raised its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,414 shares of the company’s stock after buying an additional 1,156 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 1.2% of Intrepid Financial Planning Group LLC’s holdings, making the stock its 22nd largest holding. Intrepid Financial Planning Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,855,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake in SPDR Portfolio S&P 500 ETF by 14,332.4% in the 4th quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock worth $1,074,391,000 after acquiring an additional 15,476,455 shares during the period. Sumitomo Life Insurance Co. grew its stake in SPDR Portfolio S&P 500 ETF by 18.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock worth $624,086,000 after acquiring an additional 1,410,000 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives grew its stake in SPDR Portfolio S&P 500 ETF by 18.5% in 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 acquiring an additional 1,398,000 shares during the period. Gradient Investments LLC grew its stake in SPDR Portfolio S&P 500 ETF by 44.3% in the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after acquiring an additional 1,460,710 shares during the period. Finally, 1900 Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 ETF by 4.8% in the 4th quarter. 1900 Wealth Management LLC now owns 4,704,127 shares of the company’s stock worth $325,259,000 after acquiring an additional 213,820 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG stock opened at $66.20 on Friday. The stock has a market capitalization of $55.55 billion, a P/E ratio of 24.69 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a one year low of $58.08 and a one year high of $72.14. The company has a 50 day moving average price of $69.79 and a two-hundred day moving average price of $68.94.

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.