49 Wealth Management LLC Has $115.84 Million Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

49 Wealth Management LLC raised its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 23.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,593,630 shares of the company’s stock after purchasing an additional 307,109 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 11.9% of 49 Wealth Management LLC’s holdings, making the stock its largest holding. 49 Wealth Management LLC owned approximately 0.15% of SPDR Portfolio S&P 500 ETF worth $115,841,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPLG. WealthShield Partners LLC boosted its position in SPDR Portfolio S&P 500 ETF by 4.3% during the 1st quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock valued at $1,904,000 after acquiring an additional 1,191 shares in the last quarter. Fiduciary Alliance LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth approximately $660,000. Advisors Capital Management LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 7.3% in the 1st quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock valued at $450,000 after purchasing an additional 468 shares during the period. Foundations Investment Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 0.9% during the first quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock valued at $3,188,000 after purchasing an additional 446 shares in the last quarter. Finally, Fortitude Financial LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 101.7% during the first quarter. Fortitude Financial LLC now owns 436,977 shares of the company’s stock valued at $28,736,000 after purchasing an additional 220,281 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.1%

Shares of SPDR Portfolio S&P 500 ETF stock opened at $78.93 on Monday. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.67 and a 12 month high of $81.14. The firm has a market capitalization of $93.93 billion, a P/E ratio of 25.61 and a beta of 1.00. The business has a fifty day simple moving average of $78.31 and a two-hundred day simple moving average of $73.96.

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.