Modern Wealth Management LLC Raises Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Modern Wealth Management LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 616.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,194 shares of the company’s stock after acquiring an additional 29,423 shares during the period. Modern Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,249,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp grew its stake in SPDR Portfolio S&P 500 ETF by 99.4% during the first quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after acquiring an additional 15,489,573 shares in the last quarter. Vista Cima Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $3,288,000. GK Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 ETF by 1.9% during the first quarter. GK Wealth Management LLC now owns 8,967 shares of the company’s stock valued at $590,000 after acquiring an additional 163 shares in the last quarter. Intrua Financial LLC grew its stake in SPDR Portfolio S&P 500 ETF by 4.0% in the 1st quarter. Intrua Financial LLC now owns 1,032,923 shares of the company’s stock worth $67,925,000 after buying an additional 39,821 shares in the last quarter. Finally, Jacobi Capital Management LLC grew its stake in SPDR Portfolio S&P 500 ETF by 1.6% in the 1st quarter. Jacobi Capital Management LLC now owns 148,683 shares of the company’s stock worth $9,777,000 after buying an additional 2,328 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG stock opened at $77.35 on Friday. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $77.55. The stock has a market cap of $82.10 billion, a PE ratio of 25.61 and a beta of 1.00. The firm has a 50 day simple moving average of $74.97 and a two-hundred day simple moving average of $69.95.

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.