RMR Wealth Builders Increases Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

RMR Wealth Builders boosted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 125.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 39,833 shares of the company’s stock after buying an additional 22,161 shares during the quarter. RMR Wealth Builders’ holdings in SPDR Portfolio S&P 500 ETF were worth $2,746,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Blue Trust Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at $31,000. ORG Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $33,000. Highline Wealth Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $36,000. Kayne Anderson Rudnick Investment Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $49,000. Finally, Creekmur Asset Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 3,595.2% during the third quarter. Creekmur Asset Management LLC now owns 776 shares of the company’s stock valued at $52,000 after buying an additional 755 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG stock traded down $1.03 during midday trading on Friday, hitting $68.30. The stock had a trading volume of 8,746,820 shares, compared to its average volume of 8,137,717. The company’s 50-day moving average price is $70.02 and its 200 day moving average price is $67.20. The firm has a market cap of $39.83 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12-month low of $55.26 and a 12-month high of $71.64.

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.