NBZ Investment Advisors LLC Invests $27.27 Million in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

NBZ Investment Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 395,602 shares of the company’s stock, valued at approximately $27,273,000. SPDR Portfolio S&P 500 ETF makes up approximately 15.2% of NBZ Investment Advisors LLC’s holdings, making the stock its largest position. NBZ Investment Advisors LLC owned about 0.07% of SPDR Portfolio S&P 500 ETF as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in SPLG. Vertex Planning Partners LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 89.7% in the 4th quarter. Vertex Planning Partners LLC now owns 913,782 shares of the company’s stock valued at $62,996,000 after acquiring an additional 432,004 shares in the last quarter. Slagle Financial LLC lifted its position in SPDR Portfolio S&P 500 ETF by 9.4% during the 4th quarter. Slagle Financial LLC now owns 36,040 shares of the company’s stock worth $2,485,000 after buying an additional 3,108 shares in the last quarter. Orion Portfolio Solutions LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 24.4% during the 4th quarter. Orion Portfolio Solutions LLC now owns 273,481 shares of the company’s stock worth $18,854,000 after buying an additional 53,674 shares during the last quarter. Broadway Wealth Solutions Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $25,532,000. Finally, Blair William & Co. IL raised its holdings in SPDR Portfolio S&P 500 ETF by 176.6% during the fourth quarter. Blair William & Co. IL now owns 93,183 shares of the company’s stock worth $6,424,000 after acquiring an additional 59,494 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $66.91 on Friday. The stock has a market cap of $56.15 billion, a P/E ratio of 24.69 and a beta of 1.01. The company has a fifty day moving average price of $69.38 and a two-hundred day moving average price of $69.02. SPDR Portfolio S&P 500 ETF has a one year low of $58.09 and a one year high of $72.14.

SPDR Portfolio S&P 500 ETF Company 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.