Hobbs Group Advisors LLC Purchases 38,098 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Hobbs Group Advisors LLC grew its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 94.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,417 shares of the company’s stock after buying an additional 38,098 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up about 1.9% of Hobbs Group Advisors LLC’s investment portfolio, making the stock its 13th biggest position. Hobbs Group Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $5,700,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Roxbury Financial LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at approximately $28,000. Signature Resources Capital Management LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 1,200.0% during the first quarter. Signature Resources Capital Management LLC now owns 455 shares of the company’s stock valued at $30,000 after purchasing an additional 420 shares during the last quarter. Retirement Wealth Solutions LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at approximately $32,000. Pacifica Partners Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at approximately $42,000. Finally, Missouri Trust & Investment Co bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $46,000.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG opened at $76.84 on Friday. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $79.28. The company’s 50 day simple moving average is $76.70 and its 200-day simple moving average is $71.50. The stock has a market capitalization of $86.46 billion, a P/E ratio of 25.61 and a beta of 1.00.

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.