Tower View Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 41.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,654 shares of the company’s stock after purchasing an additional 17,455 shares during the period. SPDR Portfolio S&P 500 ETF comprises 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 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of SPLG. Elevation Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $26,000. Hemington Wealth Management acquired a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $30,000. Blue Trust Inc. acquired a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at $31,000. Comprehensive Financial Planning Inc. PA acquired a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $39,000. Finally, West Branch Capital LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $41,000.
SPDR Portfolio S&P 500 ETF Price Performance
Shares of SPLG opened at $69.89 on Friday. The stock’s 50-day moving average is $70.39 and its two-hundred day moving average is $68.84. The stock has a market cap of $58.04 billion, a PE ratio of 26.92 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 12 month low of $58.08 and a 12 month 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.
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