Tower View Wealth Management LLC Increases Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Tower View Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 41.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 59,654 shares of the company’s stock after acquiring an additional 17,455 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for about 2.2% of Tower View Wealth Management LLC’s investment portfolio, making the stock its 19th biggest position. Tower View Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,113,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. bought a new stake in SPDR Portfolio S&P 500 ETF in the third quarter valued at about $31,000. US Bancorp DE increased its holdings in SPDR Portfolio S&P 500 ETF by 2.7% in the third quarter. US Bancorp DE now owns 512,526 shares of the company’s stock valued at $34,601,000 after buying an additional 13,539 shares during the last quarter. CacheTech Inc. increased its holdings in SPDR Portfolio S&P 500 ETF by 3.9% in the third quarter. CacheTech Inc. now owns 161,921 shares of the company’s stock valued at $10,931,000 after buying an additional 6,097 shares during the last quarter. Strategic Financial Partners Ltd. increased its holdings in SPDR Portfolio S&P 500 ETF by 29.3% in the third quarter. Strategic Financial Partners Ltd. now owns 558,382 shares of the company’s stock valued at $37,696,000 after buying an additional 126,413 shares during the last quarter. Finally, Chicago Partners Investment Group LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 19.4% in the third quarter. Chicago Partners Investment Group LLC now owns 121,961 shares of the company’s stock valued at $8,291,000 after buying an additional 19,799 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 1.5 %

Shares of SPDR Portfolio S&P 500 ETF stock opened at $69.89 on Friday. The firm has a market cap of $58.04 billion, a P/E ratio of 26.92 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $58.08 and a fifty-two week high of $72.14. The business has a 50-day moving average price of $70.39 and a 200 day moving average price of $68.84.

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.