NBZ Investment Advisors LLC Acquires New Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

NBZ Investment Advisors LLC bought a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 395,602 shares of the company’s stock, valued at approximately $27,273,000. SPDR Portfolio S&P 500 ETF makes up 15.2% of NBZ Investment Advisors LLC’s investment portfolio, making the stock its biggest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Swmg LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.3% in the 4th quarter. Swmg LLC now owns 49,271 shares of the company’s stock valued at $3,515,000 after purchasing an additional 144 shares during the period. Integrity Wealth Solutions LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 0.5% during the 4th quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock worth $1,975,000 after acquiring an additional 145 shares during the last quarter. Key Financial Inc lifted its position in shares of SPDR Portfolio S&P 500 ETF by 1.6% during the 4th quarter. Key Financial Inc now owns 9,410 shares of the company’s stock worth $649,000 after buying an additional 146 shares in the last quarter. Guyasuta Investment Advisors Inc. increased its position in shares of SPDR Portfolio S&P 500 ETF by 3.3% during the 4th quarter. Guyasuta Investment Advisors Inc. now owns 4,671 shares of the company’s stock valued at $322,000 after purchasing an additional 148 shares during the last quarter. Finally, Sound Income Strategies LLC raised its position in 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 acquiring an additional 153 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPLG opened at $66.91 on Friday. The stock has a market capitalization of $56.15 billion, a PE ratio of 24.69 and a beta of 1.01. The business’s fifty day moving average price is $69.38 and its 200-day moving average price is $69.02. SPDR Portfolio S&P 500 ETF has a one year low of $58.09 and a one year high of $72.14.

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.