FSR Wealth Management Ltd. Invests $1.27 Million in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

FSR Wealth Management Ltd. bought a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 18,459 shares of the company’s stock, valued at approximately $1,273,000. SPDR Portfolio S&P 500 ETF makes up approximately 1.6% of FSR Wealth Management Ltd.’s holdings, making the stock its 17th largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Elevation Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $26,000. Fonville Wealth Management LLC lifted its position in SPDR Portfolio S&P 500 ETF by 3.6% during the 4th quarter. Fonville Wealth Management LLC now owns 49,935 shares of the company’s stock worth $3,443,000 after acquiring an additional 1,737 shares during the period. Comprehensive Financial Planning Inc. PA purchased a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $39,000. Compass Financial Services Inc acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $36,099,000. Finally, Kestra Private Wealth Services LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 15.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 6,448 shares of the company’s stock worth $445,000 after purchasing an additional 841 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.9 %

SPDR Portfolio S&P 500 ETF stock opened at $70.68 on Monday. The stock has a 50-day moving average price of $70.36 and a 200 day moving average price of $68.01. The company has a market capitalization of $41.22 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52 week low of $57.72 and a 52 week high of $71.85.

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.