Peak Financial Advisors LLC Buys 152,078 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Peak Financial Advisors LLC increased its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1,541.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 161,947 shares of the company’s stock after purchasing an additional 152,078 shares during the period. SPDR Portfolio S&P 500 ETF comprises about 5.8% of Peak Financial Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Peak Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $11,165,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Futures Ltd Liability Co. boosted its position in shares of SPDR Portfolio S&P 500 ETF by 3.6% in the third quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock worth $15,765,000 after buying an additional 8,212 shares during the period. Continuum Advisory LLC boosted its position in SPDR Portfolio S&P 500 ETF by 1.5% during the 3rd quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock worth $9,044,000 after acquiring an additional 1,924 shares during the period. Barclays PLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 170.0% in the 3rd quarter. Barclays PLC now owns 1,350 shares of the company’s stock valued at $91,000 after purchasing an additional 850 shares during the period. Kingsview Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 2.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock valued at $7,784,000 after buying an additional 2,404 shares during the period. Finally, Bleakley Financial Group LLC grew its stake in SPDR Portfolio S&P 500 ETF by 5.2% in the third quarter. Bleakley Financial Group LLC now owns 18,669 shares of the company’s stock valued at $1,260,000 after purchasing an additional 926 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $69.54 on Wednesday. The firm has a market cap of $40.55 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $55.26 and a twelve month high of $71.64. The firm’s 50 day moving average price is $70.08 and its 200 day moving average price is $67.33.

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.