Evolution Wealth Management Inc. Purchases 22,202 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Evolution Wealth Management Inc. raised its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 155.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,459 shares of the company’s stock after buying an additional 22,202 shares during the period. SPDR Portfolio S&P 500 ETF comprises 2.9% of Evolution Wealth Management Inc.’s investment portfolio, making the stock its 5th biggest position. Evolution Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,856,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Mattson Financial Services LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 27.7% during the third quarter. Mattson Financial Services LLC now owns 182,977 shares of the company’s stock valued at $14,334,000 after acquiring an additional 39,708 shares during the last quarter. 49 Wealth Management LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 23.9% in the 2nd quarter. 49 Wealth Management LLC now owns 1,593,630 shares of the company’s stock worth $115,841,000 after acquiring an additional 307,109 shares during the last quarter. Etesian Wealth Advisors Inc. boosted its position in shares of SPDR Portfolio S&P 500 ETF by 37.6% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 63,745 shares of the company’s stock worth $4,994,000 after purchasing an additional 17,404 shares during the period. Advisors Capital Management LLC increased its holdings in 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 last quarter. Finally, Fiduciary Alliance LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $660,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.3%

Shares of NYSEARCA SPLG opened at $81.14 on Friday. The business’s 50 day moving average is $79.99 and its two-hundred day moving average is $77.39. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $81.14. The firm has a market cap of $96.56 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.