Provident Wealth Management LLC Increases Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Provident Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,039 shares of the company’s stock after acquiring an additional 348 shares during the period. Provident Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $210,000 as of its most recent filing with the SEC.

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

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $69.91 on Wednesday. The company has a market cap of $58.05 billion, a P/E ratio of 26.92 and a beta of 1.01. The stock has a 50-day moving average of $70.37 and a two-hundred day moving average of $68.75. SPDR Portfolio S&P 500 ETF has a 1-year low of $58.08 and a 1-year 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.