Tortoise Investment Management LLC Acquires 20,047 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Tortoise Investment Management LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 29.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,880 shares of the company’s stock after purchasing an additional 20,047 shares during the quarter. Tortoise Investment Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,058,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Elevation Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $26,000. Hemington Wealth Management bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $30,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $37,000. Comprehensive Financial Planning Inc. PA bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $39,000. Finally, West Branch Capital LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $41,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $67.75 on Monday. The company has a market capitalization of $56.26 billion, a PE ratio of 26.92 and a beta of 1.01. The company has a 50-day simple moving average of $70.13 and a two-hundred day simple moving average of $68.97. SPDR Portfolio S&P 500 ETF has a one year low of $58.08 and a one year high of $72.14.

About SPDR Portfolio S&P 500 ETF

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.