Absolute Capital Management LLC raised its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 4.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,191 shares of the company’s stock after acquiring an additional 210 shares during the quarter. Absolute Capital Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $358,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Elevation Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $26,000. Hemington Wealth Management bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $30,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $37,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $39,000. Finally, Basso Capital Management L.P. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $40,000.
SPDR Portfolio S&P 500 ETF Stock Down 0.2 %
Shares of NYSEARCA SPLG opened at $66.56 on Friday. The company’s fifty day moving average is $69.55 and its 200-day moving average is $68.93. The stock has a market cap of $55.85 billion, a price-to-earnings ratio of 24.69 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.09 and a twelve month high of $72.14.
SPDR Portfolio S&P 500 ETF 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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