Portland Financial Advisors Inc Takes $437,000 Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Portland Financial Advisors Inc bought a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLGFree Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,332 shares of the company’s stock, valued at approximately $437,000. SPDR Portfolio S&P 500 ETF comprises 1.2% of Portland Financial Advisors Inc’s holdings, making the stock its 28th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Elevation Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $26,000. Hemington Wealth Management purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $30,000. Blue Trust Inc. purchased a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth approximately $31,000. Highline Wealth Partners LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the third quarter worth $36,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth $39,000.

SPDR Portfolio S&P 500 ETF Stock Down 1.7 %

Shares of SPLG opened at $70.59 on Monday. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.08 and a 52-week high of $72.14. The stock has a fifty day simple moving average of $70.41 and a two-hundred day simple moving average of $68.64. The company has a market capitalization of $58.62 billion, a PE ratio of 26.92 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

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