SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is Financial Enhancement Group LLC’s Largest Position

Financial Enhancement Group LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 863.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 688,459 shares of the company’s stock after acquiring an additional 617,030 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 7.2% of Financial Enhancement Group LLC’s portfolio, making the stock its biggest holding. Financial Enhancement Group LLC owned about 0.12% of SPDR Portfolio S&P 500 ETF worth $47,097,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Blue Trust Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at about $31,000. ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $33,000. Highline Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $36,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $49,000. Finally, Creekmur Asset Management LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 3,595.2% in the third quarter. Creekmur Asset Management LLC now owns 776 shares of the company’s stock worth $52,000 after buying an additional 755 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Up 1.8 %

Shares of SPLG opened at $69.72 on Thursday. The stock has a market capitalization of $40.66 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $55.26 and a twelve month high of $71.64. The firm has a fifty day simple moving average of $70.09 and a two-hundred day simple moving average of $67.35.

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.