Corundum Group Inc. Makes New Investment in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Corundum Group Inc. 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 35,473 shares of the company’s stock, valued at approximately $2,446,000. SPDR Portfolio S&P 500 ETF makes up approximately 0.9% of Corundum Group Inc.’s holdings, making the stock its 29th biggest position.

Several other institutional investors have also made changes to their positions in the business. Blue Trust Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at approximately $31,000. ORG Wealth Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth approximately $33,000. Highline Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $36,000. Decker Retirement Planning Inc. bought a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $43,000. Finally, Kayne Anderson Rudnick Investment Management LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the second quarter worth $49,000.

SPDR Portfolio S&P 500 ETF Trading Up 1.0 %

Shares of NYSEARCA SPLG opened at $70.29 on Monday. The firm has a market capitalization of $40.99 billion, a PE ratio of 26.64 and a beta of 1.00. The firm’s 50-day moving average is $70.08 and its 200-day moving average is $67.45. SPDR Portfolio S&P 500 ETF has a 1 year low of $55.56 and a 1 year high of $71.64.

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.