E&G Advisors LP Buys 2,598 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

E&G Advisors LP raised its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.9% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 69,947 shares of the company’s stock after purchasing an additional 2,598 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 1.4% of E&G Advisors LP’s investment portfolio, making the stock its 14th biggest holding. E&G Advisors LP’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,304,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. SOL Capital Management CO lifted its position in shares of SPDR Portfolio S&P 500 ETF by 21.3% in the fourth quarter. SOL Capital Management CO now owns 183,230 shares of the company’s stock worth $10,243,000 after buying an additional 32,235 shares in the last quarter. Waterloo Capital L.P. grew its stake in SPDR Portfolio S&P 500 ETF by 2.3% in the fourth quarter. Waterloo Capital L.P. now owns 104,106 shares of the company’s stock worth $5,820,000 after purchasing an additional 2,339 shares in the last quarter. SWP Financial LLC bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $289,000. Aspire Private Capital LLC boosted its position in SPDR Portfolio S&P 500 ETF by 67.3% during the 4th quarter. Aspire Private Capital LLC now owns 57,287 shares of the company’s stock valued at $3,202,000 after acquiring an additional 23,037 shares in the last quarter. Finally, Oarsman Capital Inc. bought a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $4,600,000.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG traded up $0.28 during midday trading on Wednesday, hitting $64.86. 2,845,466 shares of the company traded hands, compared to its average volume of 7,656,597. The company has a market cap of $37.82 billion, a PE ratio of 26.64 and a beta of 1.00. The company’s 50-day simple moving average is $62.37 and its 200-day simple moving average is $59.87. SPDR Portfolio S&P 500 ETF has a 52 week low of $48.13 and a 52 week high of $64.90.

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.