Ignite Planners LLC Invests $224,000 in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Ignite Planners LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,222 shares of the company’s stock, valued at approximately $224,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at $31,000. ORG Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at $33,000. Highline Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at $36,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the second quarter valued at $49,000. Finally, Creekmur Asset Management LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 3,595.2% in the third quarter. Creekmur Asset Management LLC now owns 776 shares of the company’s stock valued at $52,000 after purchasing an additional 755 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 0.1 %

NYSEARCA:SPLG opened at $68.48 on Wednesday. The firm has a market cap of $39.93 billion, a PE ratio of 26.64 and a beta of 1.00. The stock has a fifty day moving average price of $70.08 and a 200 day moving average price of $67.33. 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.