World Equity Group Inc. Invests $1.06 Million in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

World Equity Group Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,310 shares of the company’s stock, valued at approximately $1,055,000.

A number of other large investors have also modified their holdings of SPLG. Blue Trust Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth about $31,000. Dakota Wealth Management grew its stake in shares of SPDR Portfolio S&P 500 ETF by 13.3% during the third quarter. Dakota Wealth Management now owns 33,235 shares of the company’s stock worth $2,244,000 after acquiring an additional 3,892 shares during the last quarter. Heritage Oak Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth about $277,000. Lincoln Capital Corp grew its stake in shares of SPDR Portfolio S&P 500 ETF by 1.0% during the third quarter. Lincoln Capital Corp now owns 87,751 shares of the company’s stock worth $5,924,000 after acquiring an additional 862 shares during the last quarter. Finally, Convergence Financial LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 2.3% during the third quarter. Convergence Financial LLC now owns 112,512 shares of the company’s stock worth $7,596,000 after acquiring an additional 2,528 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 1.7 %

SPDR Portfolio S&P 500 ETF stock opened at $70.59 on Friday. SPDR Portfolio S&P 500 ETF has a 52 week low of $58.08 and a 52 week high of $72.14. The company has a market capitalization of $58.62 billion, a price-to-earnings ratio of 26.92 and a beta of 1.01. The stock has a 50-day moving average price of $70.41 and a 200 day moving average price of $68.54.

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.