Cercano Management LLC Invests $3.54 Million in SPDR Portfolio S&P 500 ETF $SPLG

Cercano Management LLC bought a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 45,151 shares of the company’s stock, valued at approximately $3,537,000.

A number of other hedge funds also recently bought and sold shares of the business. Clearstead Trust LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth approximately $30,000. GPS Wealth Strategies Group LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 194.6% in the second quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock worth $36,000 after acquiring an additional 323 shares during the period. Center for Financial Planning Inc. bought a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $37,000. GAMMA Investing LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $40,000. Finally, Elevation Wealth Partners LLC raised its stake in SPDR Portfolio S&P 500 ETF by 52.4% in the third quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock worth $45,000 after buying an additional 197 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG opened at $80.20 on Wednesday. The company has a 50-day simple moving average of $80.91 and a two-hundred day simple moving average of $78.97. The firm has a market capitalization of $95.44 billion, a PE ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $81.14.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.