&Partners Invests $489,000 in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

&Partners bought a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 7,949 shares of the company’s stock, valued at approximately $489,000.

A number of other hedge funds have also added to or reduced their stakes in SPLG. Evensky & Katz LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the first quarter valued at about $27,000. Tsfg LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 255.5% during the 4th quarter. Tsfg LLC now owns 551 shares of the company’s stock worth $31,000 after purchasing an additional 396 shares in the last quarter. Chilton Capital Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $31,000. Tower View Wealth Management LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 416.8% in the fourth quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock valued at $34,000 after buying an additional 496 shares in the last quarter. Finally, Rakuten Securities Inc. acquired a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth $35,000.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG stock traded down $0.15 during trading hours on Friday, reaching $64.20. The stock had a trading volume of 4,395,986 shares, compared to its average volume of 7,804,283. The stock has a 50-day simple moving average of $61.53 and a 200 day simple moving average of $59.33. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $64.71. The stock has a market capitalization of $37.44 billion, a PE ratio of 26.64 and a beta of 1.00.

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.