Stonebridge Financial Group LLC Invests $292,000 in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Stonebridge Financial Group LLC purchased a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, HoldingsChannel reports. The firm purchased 4,237 shares of the company’s stock, valued at approximately $292,000.

A number of other hedge funds also recently modified their holdings of SPLG. Elevation Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $26,000. Blue Trust Inc. acquired a new position in SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $31,000. ORG Wealth Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $33,000. Highline Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth about $36,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $39,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.1 %

NYSEARCA SPLG opened at $71.20 on Wednesday. The business’s fifty day moving average is $70.36 and its 200 day moving average is $68.10. SPDR Portfolio S&P 500 ETF has a twelve month low of $57.72 and a twelve month high of $71.85. The company has a market cap of $41.52 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.