Independent Wealth Network Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 11.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 105,074 shares of the company’s stock after acquiring an additional 10,515 shares during the period. SPDR Portfolio S&P 500 ETF comprises 3.3% of Independent Wealth Network Inc.’s holdings, making the stock its 4th biggest position. Independent Wealth Network Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $5,475,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently bought and sold shares of the company. Carolinas Wealth Consulting LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $37,000. Heritage Wealth Advisors acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $38,000. Bay Harbor Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 1st quarter valued at $42,000. First Personal Financial Services acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 1st quarter valued at $43,000. Finally, GPS Wealth Strategies Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 1st quarter valued at $44,000.
SPDR Portfolio S&P 500 ETF Price Performance
Shares of SPDR Portfolio S&P 500 ETF stock traded down $0.34 during trading on Tuesday, reaching $51.82. 867,421 shares of the company traded hands, compared to its average volume of 3,368,960. SPDR Portfolio S&P 500 ETF has a 1-year low of $40.92 and a 1-year high of $54.02. The company has a 50 day moving average price of $52.64 and a 200-day moving average price of $50.22. The firm has a market capitalization of $19.12 billion, a PE ratio of 16.41 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.
Featured Stories
- Five stocks we like better than SPDR Portfolio S&P 500 ETF
- Consumer Staples Stocks, Explained
- 5 eCommerce Companies that need to be on Your Watch List
- Are Stock Buybacks Good for the Average Investor?
- 2 Beauty Stocks Beaten By the Ugly Stick But Ready to Rally
- How to Invest in Hotel Stocks
- Got Nuclear? Three Stocks To Play Energy’s Next Frontier
Want to see what other hedge funds are holding SPLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report).
Receive News & Ratings for SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
