Maripau Wealth Management LLC Grows Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Maripau Wealth Management LLC boosted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 33.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 200,437 shares of the company’s stock after acquiring an additional 50,486 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 8.2% of Maripau Wealth Management LLC’s holdings, making the stock its 2nd biggest position. Maripau Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $13,818,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. MN Wealth Advisors LLC raised its position in SPDR Portfolio S&P 500 ETF by 7.0% in the fourth quarter. MN Wealth Advisors LLC now owns 29,869 shares of the company’s stock worth $2,059,000 after acquiring an additional 1,960 shares during the period. Barclays PLC raised its position in SPDR Portfolio S&P 500 ETF by 170.0% in the third quarter. Barclays PLC now owns 1,350 shares of the company’s stock worth $91,000 after acquiring an additional 850 shares during the period. Golden State Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $7,377,000. Continuum Advisory LLC raised its position in SPDR Portfolio S&P 500 ETF by 1.5% in the third quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock worth $9,044,000 after acquiring an additional 1,924 shares during the period. Finally, Kingsview Wealth Management LLC raised its position in SPDR Portfolio S&P 500 ETF by 2.1% in the third quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock worth $7,784,000 after acquiring an additional 2,404 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $69.89 on Friday. The firm has a market cap of $58.04 billion, a price-to-earnings ratio of 26.92 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 52 week low of $58.08 and a 52 week high of $72.14. The firm’s 50-day simple moving average is $70.39 and its two-hundred day simple moving average is $68.81.

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.