SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Position Raised by Davidson Capital Management Inc.

Davidson Capital Management Inc. grew its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 589,109 shares of the company’s stock after purchasing an additional 3,349 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 10.7% of Davidson Capital Management Inc.’s holdings, making the stock its 3rd largest position. Davidson Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $40,613,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Elevation Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $26,000. ORG Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth approximately $33,000. Blue Trust Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $31,000. Highline Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at $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 $39,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.1 %

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

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.