Gateway Wealth Partners LLC Has $11.40 Million Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Gateway Wealth Partners LLC grew its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 350.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,335 shares of the company’s stock after acquiring an additional 128,592 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 3.0% of Gateway Wealth Partners LLC’s holdings, making the stock its 3rd largest position. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $11,398,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SPLG. Integrity Wealth Solutions LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 0.5% in the fourth quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock worth $1,975,000 after purchasing an additional 145 shares during the last quarter. Sound Income Strategies LLC grew its stake 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 worth $64,000 after purchasing an additional 153 shares during the last quarter. Summit Financial Strategies Inc. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 1.8% in the third quarter. Summit Financial Strategies Inc. now owns 8,790 shares of the company’s stock worth $593,000 after purchasing an additional 155 shares during the last quarter. My Personal CFO LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 0.5% in the third quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock worth $2,086,000 after purchasing an additional 158 shares during the last quarter. Finally, Sigma Planning Corp grew its stake in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the third quarter. Sigma Planning Corp now owns 24,240 shares of the company’s stock worth $1,636,000 after purchasing an additional 170 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.9 %

SPLG stock opened at $71.12 on Wednesday. The firm has a market cap of $41.47 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.80 and a 12-month high of $71.85. The company’s fifty day simple moving average is $70.26 and its 200 day simple moving average is $67.72.

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.