MBE Wealth Management LLC Acquires 3,869 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

MBE Wealth Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 15.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,780 shares of the company’s stock after purchasing an additional 3,869 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 1.1% of MBE Wealth Management LLC’s holdings, making the stock its 15th largest position. MBE Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,984,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SPLG. National Mutual Insurance Federation of Agricultural Cooperatives boosted its stake in SPDR Portfolio S&P 500 ETF by 154.4% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,555,000 shares of the company’s stock valued at $510,038,000 after purchasing an additional 4,585,000 shares during the period. Sumitomo Life Insurance Co. boosted its stake in SPDR Portfolio S&P 500 ETF by 50.1% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 7,642,600 shares of the company’s stock valued at $515,952,000 after purchasing an additional 2,550,000 shares during the period. World Investment Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 908.3% in the 3rd quarter. World Investment Advisors LLC now owns 1,695,058 shares of the company’s stock worth $114,433,000 after acquiring an additional 1,526,942 shares during the period. Gradient Investments LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 44.3% in the 4th quarter. Gradient Investments LLC now owns 4,755,325 shares of the company’s stock worth $327,832,000 after acquiring an additional 1,460,710 shares during the period. Finally, Creative Planning lifted its position in shares of SPDR Portfolio S&P 500 ETF by 3.2% in the 3rd quarter. Creative Planning now owns 29,491,836 shares of the company’s stock worth $1,990,994,000 after acquiring an additional 915,823 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Down 1.4 %

Shares of SPLG stock opened at $70.52 on Tuesday. The stock has a 50 day moving average of $70.20 and a two-hundred day moving average of $67.65. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.80 and a 12 month high of $71.85. The company has a market capitalization of $41.12 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.