Iron Gate Global Advisors LLC Purchases New Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Iron Gate Global Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,968 shares of the company’s stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPLG. Swmg LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 0.3% during the fourth quarter. Swmg LLC now owns 49,271 shares of the company’s stock valued at $3,515,000 after purchasing an additional 144 shares in the last quarter. Integrity Wealth Solutions LLC increased its stake in SPDR Portfolio S&P 500 ETF by 0.5% in the 4th quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock valued at $1,975,000 after buying an additional 145 shares during the last quarter. Key Financial Inc lifted its position in shares of SPDR Portfolio S&P 500 ETF by 1.6% during the 4th quarter. Key Financial Inc now owns 9,410 shares of the company’s stock worth $649,000 after buying an additional 146 shares in the last quarter. Guyasuta Investment Advisors Inc. boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 3.3% in the 4th quarter. Guyasuta Investment Advisors Inc. now owns 4,671 shares of the company’s stock worth $322,000 after buying an additional 148 shares during the last quarter. Finally, Sound Income Strategies LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 19.9% in the fourth quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock valued at $64,000 after acquiring an additional 153 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 0.3 %

Shares of SPLG opened at $63.22 on Wednesday. The stock has a 50 day moving average of $66.93 and a 200 day moving average of $68.65. The company has a market capitalization of $57.06 billion, a price-to-earnings ratio of 24.63 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $72.14.

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.