JBR Co Financial Management Inc Makes New Investment in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

JBR Co Financial Management Inc acquired a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 36,766 shares of the company’s stock, valued at approximately $2,262,000. SPDR Portfolio S&P 500 ETF comprises approximately 1.8% of JBR Co Financial Management Inc’s investment portfolio, making the stock its 16th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. SOL Capital Management CO lifted its position in SPDR Portfolio S&P 500 ETF by 21.3% in the fourth quarter. SOL Capital Management CO now owns 183,230 shares of the company’s stock valued at $10,243,000 after acquiring an additional 32,235 shares during the last quarter. Waterloo Capital L.P. increased its position in SPDR Portfolio S&P 500 ETF by 2.3% during the fourth quarter. Waterloo Capital L.P. now owns 104,106 shares of the company’s stock worth $5,820,000 after buying an additional 2,339 shares during the period. SWP Financial LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $289,000. Aspire Private Capital LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 67.3% in the fourth quarter. Aspire Private Capital LLC now owns 57,287 shares of the company’s stock valued at $3,202,000 after acquiring an additional 23,037 shares during the period. Finally, Oarsman Capital Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $4,600,000.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPLG traded down $0.49 during trading on Thursday, reaching $65.01. The company had a trading volume of 5,958,462 shares, compared to its average volume of 7,501,264. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $66.47. The stock’s fifty day moving average price is $63.59 and its 200 day moving average price is $60.59. The firm has a market capitalization of $37.91 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.