Sax Wealth Advisors LLC Acquires Shares of 12,094 SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Sax Wealth Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,094 shares of the company’s stock, valued at approximately $834,000.

Other hedge funds have also modified their holdings of the company. Wealthcare Advisory Partners LLC lifted its position in SPDR Portfolio S&P 500 ETF by 6.2% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 3,605,020 shares of the company’s stock worth $248,530,000 after buying an additional 209,983 shares in the last quarter. Wealthcare Capital Management LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 28.1% in the 4th quarter. Wealthcare Capital Management LLC now owns 123,285 shares of the company’s stock worth $8,499,000 after acquiring an additional 27,061 shares during the last quarter. Procyon Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 12.0% in the 4th quarter. Procyon Advisors LLC now owns 399,689 shares of the company’s stock worth $27,555,000 after acquiring an additional 42,974 shares during the last quarter. RDA Financial Network raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 32.0% during the 4th quarter. RDA Financial Network now owns 47,550 shares of the company’s stock worth $3,278,000 after acquiring an additional 11,528 shares during the period. Finally, KMG Fiduciary Partners LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 6.9% during the 4th quarter. KMG Fiduciary Partners LLC now owns 488,666 shares of the company’s stock valued at $33,689,000 after acquiring an additional 31,630 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 1.0 %

SPDR Portfolio S&P 500 ETF stock opened at $70.29 on Friday. The company has a 50-day moving average price of $70.08 and a 200 day moving average price of $67.43. SPDR Portfolio S&P 500 ETF has a 12-month low of $55.56 and a 12-month high of $71.64. The stock has a market cap of $40.99 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.