GM Advisory Group LLC Grows Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

GM Advisory Group LLC boosted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 16.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,040,140 shares of the company’s stock after acquiring an additional 569,953 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 15.4% of GM Advisory Group LLC’s holdings, making the stock its largest position. GM Advisory Group LLC owned approximately 0.69% of SPDR Portfolio S&P 500 ETF worth $278,527,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPLG. Swmg LLC raised its stake in SPDR Portfolio S&P 500 ETF by 0.3% during the 4th quarter. Swmg LLC now owns 49,271 shares of the company’s stock valued at $3,515,000 after buying an additional 144 shares during the last quarter. Integrity Wealth Solutions LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 0.5% in the 4th quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock worth $1,975,000 after purchasing an additional 145 shares in the last quarter. Key Financial Inc increased its stake in shares of SPDR Portfolio S&P 500 ETF by 1.6% in the 4th quarter. Key Financial Inc now owns 9,410 shares of the company’s stock worth $649,000 after purchasing an additional 146 shares in the last quarter. Guyasuta Investment Advisors Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF by 3.3% in the 4th quarter. Guyasuta Investment Advisors Inc. now owns 4,671 shares of the company’s stock worth $322,000 after buying an additional 148 shares during the period. Finally, Sound Income Strategies LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 19.9% in the 4th quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock worth $64,000 after buying an additional 153 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $66.01 on Wednesday. The company has a market capitalization of $55.39 billion, a P/E ratio of 24.69 and a beta of 1.01. The company has a fifty day moving average of $69.66 and a 200 day moving average of $68.97. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $58.09 and a fifty-two week high of $72.14.

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.