MONECO Advisors LLC Purchases 55,732 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

MONECO Advisors LLC boosted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 36.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 208,553 shares of the company’s stock after acquiring an additional 55,732 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 1.5% of MONECO Advisors LLC’s holdings, making the stock its 11th largest holding. MONECO Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $14,378,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Elevation Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $26,000. Hemington Wealth Management bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $30,000. Blue Trust Inc. bought a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $31,000. Highline Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth $36,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $39,000.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $70.59 on Friday. The firm’s fifty day moving average price is $70.41 and its two-hundred day moving average price is $68.54. The stock has a market cap of $58.62 billion, a PE ratio of 26.92 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $58.08 and a fifty-two week high of $72.14.

SPDR Portfolio S&P 500 ETF 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.