Magnolia Private Wealth LLC Makes New $427,000 Investment in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Magnolia Private Wealth LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 6,198 shares of the company’s stock, valued at approximately $427,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Elevation Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $26,000. Hemington Wealth Management acquired a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter worth $30,000. Blue Trust Inc. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth about $31,000. Highline Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the third quarter valued at about $36,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $39,000.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG opened at $69.91 on Wednesday. SPDR Portfolio S&P 500 ETF has a 12-month low of $58.08 and a 12-month high of $72.14. The business’s fifty day moving average price is $70.37 and its 200 day moving average price is $68.75. The stock has a market capitalization of $58.05 billion, a PE ratio of 26.92 and a beta of 1.01.

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.