Tortoise Investment Management LLC increased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 29.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 87,880 shares of the company’s stock after buying an additional 20,047 shares during the period. Tortoise Investment Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,058,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Independent Advisor Alliance increased its holdings in SPDR Portfolio S&P 500 ETF by 2,019.1% in the 4th quarter. Independent Advisor Alliance now owns 3,066,946 shares of the company’s stock worth $211,435,000 after buying an additional 2,922,219 shares during the period. Moran Wealth Management LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $930,000. New Insight Wealth Advisors increased its holdings in SPDR Portfolio S&P 500 ETF by 13.4% in the 4th quarter. New Insight Wealth Advisors now owns 14,535 shares of the company’s stock worth $1,002,000 after buying an additional 1,719 shares during the period. Tilson Financial Group Inc. increased its holdings in SPDR Portfolio S&P 500 ETF by 6.5% in the 4th quarter. Tilson Financial Group Inc. now owns 66,965 shares of the company’s stock worth $4,617,000 after buying an additional 4,082 shares during the period. Finally, Coordinated Financial Services Inc. acquired a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $682,000.
SPDR Portfolio S&P 500 ETF Trading Up 0.5 %
Shares of NYSEARCA:SPLG opened at $67.75 on Monday. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.08 and a twelve month high of $72.14. The company’s 50 day moving average is $70.13 and its 200 day moving average is $68.97. The company has a market cap of $56.26 billion, a PE ratio of 26.92 and a beta of 1.01.
SPDR Portfolio S&P 500 ETF Company Profile
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.
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Want to see what other hedge funds are holding SPLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report).
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