Spire Wealth Management Raises Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Spire Wealth Management grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,717 shares of the company’s stock after buying an additional 3,925 shares during the period. Spire Wealth Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,084,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Metis Global Partners LLC lifted its position in SPDR Portfolio S&P 500 ETF by 10.5% in the fourth quarter. Metis Global Partners LLC now owns 9,898 shares of the company’s stock valued at $553,000 after buying an additional 939 shares during the last quarter. National Bank of Canada FI boosted its position in shares of SPDR Portfolio S&P 500 ETF by 14.5% during the 4th quarter. National Bank of Canada FI now owns 13,804 shares of the company’s stock worth $767,000 after purchasing an additional 1,750 shares during the period. Avidian Wealth Solutions LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 33.9% during the 4th quarter. Avidian Wealth Solutions LLC now owns 919,397 shares of the company’s stock worth $51,394,000 after purchasing an additional 232,942 shares during the period. TCG Advisory Services LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $1,386,000. Finally, Vestmark Advisory Solutions Inc. lifted its stake in SPDR Portfolio S&P 500 ETF by 69.6% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 498,454 shares of the company’s stock worth $27,864,000 after purchasing an additional 204,592 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG traded up $0.09 during trading on Tuesday, reaching $60.85. The stock had a trading volume of 1,088,563 shares, compared to its average volume of 8,582,789. The company has a market cap of $34.33 billion, a P/E ratio of 25.60 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.07 and a fifty-two week high of $61.69. The business’s 50-day moving average price is $60.23 and its 200-day moving average price is $56.79.

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.