112,084 Shares in SPDR Portfolio S&P 500 ETF $SPLG Bought by Independence Wealth Advisors LLC

Independence Wealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 4th quarter, HoldingsChannel reports. The fund purchased 112,084 shares of the company’s stock, valued at approximately $8,991,000. SPDR Portfolio S&P 500 ETF accounts for approximately 5.1% of Independence Wealth Advisors LLC’s holdings, making the stock its 4th biggest holding.

A number of other large investors have also modified their holdings of the stock. Center for Financial Planning Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $37,000. Heritage Wealth Advisors acquired a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $38,000. GAMMA Investing LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth about $40,000. Wealth Watch Advisors INC purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at about $43,000. Finally, Elevation Wealth Partners LLC boosted its holdings 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 valued at $45,000 after purchasing an additional 197 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 1.4%

Shares of NYSEARCA SPLG opened at $76.33 on Monday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $81.14. The firm has a market cap of $90.84 billion, a PE ratio of 25.61 and a beta of 1.00. The business has a 50 day moving average price of $80.53 and a two-hundred day moving average price of $79.69.

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