Financial Life Planners Makes New Investment in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Financial Life Planners purchased a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,977 shares of the company’s stock, valued at approximately $412,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. AQR Capital Management LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 1.9% in the 2nd quarter. AQR Capital Management LLC now owns 45,157 shares of the company’s stock worth $2,890,000 after purchasing an additional 844 shares in the last quarter. Bricktown Capital LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth $253,000. KWB Wealth boosted its stake in SPDR Portfolio S&P 500 ETF by 1.0% during the third quarter. KWB Wealth now owns 1,359,291 shares of the company’s stock valued at $86,995,000 after buying an additional 13,840 shares during the period. Fragasso Financial Advisors Inc grew its position in SPDR Portfolio S&P 500 ETF by 2.7% during the third quarter. Fragasso Financial Advisors Inc now owns 143,624 shares of the company’s stock worth $9,696,000 after buying an additional 3,811 shares in the last quarter. Finally, Sterling Group Wealth Management LLC grew its position in SPDR Portfolio S&P 500 ETF by 6.3% during the third quarter. Sterling Group Wealth Management LLC now owns 872,699 shares of the company’s stock worth $58,916,000 after buying an additional 51,339 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.5 %

NYSEARCA:SPLG opened at $70.80 on Monday. The stock has a market cap of $41.29 billion, a P/E ratio of 26.64 and a beta of 1.00. The business’s 50-day moving average price is $70.33 and its two-hundred day moving average price is $67.81. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.80 and a twelve month high of $71.85.

About SPDR Portfolio S&P 500 ETF

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.