Dynamic Advisor Solutions LLC Purchases 42,671 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Dynamic Advisor Solutions LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 831,519 shares of the company’s stock after purchasing an additional 42,671 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 2.1% of Dynamic Advisor Solutions LLC’s investment portfolio, making the stock its 2nd biggest holding. Dynamic Advisor Solutions LLC owned approximately 0.07% of SPDR Portfolio S&P 500 ETF worth $66,704,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Center for Financial Planning Inc. bought a new position in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth $37,000. Heritage Wealth Advisors bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at about $38,000. GAMMA Investing LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at about $40,000. Wealth Watch Advisors INC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at about $43,000. Finally, Elevation Wealth Partners LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 52.4% in the third quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock valued at $45,000 after acquiring an additional 197 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG opened at $76.33 on Monday. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14. The firm’s 50-day simple moving average is $80.53 and its 200 day simple moving average is $79.69. The firm has a market cap of $90.84 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.