SVB Wealth LLC Purchases New Shares in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

SVB Wealth LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 5,128 shares of the company’s stock, valued at approximately $287,000.

A number of other hedge funds also recently bought and sold shares of the business. Tsfg LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 255.5% in the fourth quarter. Tsfg LLC now owns 551 shares of the company’s stock valued at $31,000 after acquiring an additional 396 shares during the period. Chilton Capital Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $31,000. Venturi Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth about $31,000. ORG Partners LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 127.4% in the fourth quarter. ORG Partners LLC now owns 1,112 shares of the company’s stock worth $62,000 after purchasing an additional 623 shares during the last quarter. Finally, BluePath Capital Management LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth about $60,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.9 %

NYSEARCA SPLG opened at $58.76 on Tuesday. The company’s 50-day moving average price is $60.09 and its 200-day moving average price is $56.17. The stock has a market cap of $32.48 billion, a PE ratio of 25.72 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12 month low of $47.48 and a 12 month high of $61.69.

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.