Virtue Capital Management LLC Buys New Stake in SPDR Portfolio S&P 500 ETF $SPLG

Virtue Capital Management LLC purchased a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 20,660 shares of the company’s stock, valued at approximately $1,618,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Modera Wealth Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.9% during the 3rd quarter. Modera Wealth Management LLC now owns 70,950 shares of the company’s stock worth $5,558,000 after purchasing an additional 2,025 shares during the period. PFG Investments LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at approximately $211,000. Orion Capital Management LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 4.8% in the 3rd quarter. Orion Capital Management LLC now owns 3,635 shares of the company’s stock worth $285,000 after acquiring an additional 167 shares during the period. ERn Financial LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 35.8% during the 3rd quarter. ERn Financial LLC now owns 95,785 shares of the company’s stock worth $7,504,000 after purchasing an additional 25,251 shares in the last quarter. Finally, WBH Advisory Inc. increased its position in shares of SPDR Portfolio S&P 500 ETF by 7.5% during the third quarter. WBH Advisory Inc. now owns 637,639 shares of the company’s stock valued at $49,953,000 after purchasing an additional 44,720 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 0.0%

SPLG stock traded up $0.04 during midday trading on Friday, hitting $81.10. The stock had a trading volume of 6,556,644 shares, compared to its average volume of 9,792,289. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14. The stock has a 50-day simple moving average of $80.29 and a 200 day simple moving average of $78.06. The firm has a market capitalization of $96.51 billion, a price-to-earnings ratio of 25.61 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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.