Priebe Wealth Holdings LLC Has $49.81 Million Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Priebe Wealth Holdings LLC increased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 722,559 shares of the company’s stock after acquiring an additional 42,906 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up about 33.8% of Priebe Wealth Holdings LLC’s investment portfolio, making the stock its largest position. Priebe Wealth Holdings LLC owned approximately 0.12% of SPDR Portfolio S&P 500 ETF worth $49,813,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $33,000. Blue Trust Inc. bought a new stake in SPDR Portfolio S&P 500 ETF during the third quarter valued at about $31,000. Highline Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at about $36,000. Decker Retirement Planning Inc. bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $43,000. Finally, Kayne Anderson Rudnick Investment Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at about $49,000.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG opened at $70.29 on Tuesday. The company’s 50-day simple moving average is $70.07 and its 200-day simple moving average is $67.48. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $55.56 and a fifty-two week high of $71.64. The stock has a market capitalization of $40.99 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.