JPL Wealth Management LLC Invests $1.35 Million in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

JPL Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 19,630 shares of the company’s stock, valued at approximately $1,353,000.

Several other institutional investors also recently modified their holdings of SPLG. Swmg LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 0.3% in the 4th quarter. Swmg LLC now owns 49,271 shares of the company’s stock valued at $3,515,000 after buying an additional 144 shares in the last quarter. Integrity Wealth Solutions LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 0.5% in the 4th quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock valued at $1,975,000 after buying an additional 145 shares in the last quarter. Key Financial Inc boosted its stake in SPDR Portfolio S&P 500 ETF by 1.6% in the 4th quarter. Key Financial Inc now owns 9,410 shares of the company’s stock valued at $649,000 after buying an additional 146 shares in the last quarter. Guyasuta Investment Advisors Inc. boosted its stake in SPDR Portfolio S&P 500 ETF by 3.3% in the 4th quarter. Guyasuta Investment Advisors Inc. now owns 4,671 shares of the company’s stock valued at $322,000 after buying an additional 148 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 19.9% in the 4th quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock valued at $64,000 after buying an additional 153 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $65.75 on Thursday. The stock’s fifty day simple moving average is $69.93 and its 200 day simple moving average is $68.94. The firm has a market cap of $55.17 billion, a price-to-earnings ratio of 24.69 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a one year low of $58.08 and a one year high of $72.14.

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.