Cercano Management LLC Invests $3.54 Million in SPDR Portfolio S&P 500 ETF $SPLG

Cercano Management LLC acquired a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 45,151 shares of the company’s stock, valued at approximately $3,537,000.

Several other hedge funds have also bought and sold shares of SPLG. A4 Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth approximately $4,130,000. Etesian Wealth Advisors Inc. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 37.6% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 63,745 shares of the company’s stock valued at $4,994,000 after purchasing an additional 17,404 shares during the last quarter. American Financial Advisors LLC raised its position in SPDR Portfolio S&P 500 ETF by 236.7% in the 3rd quarter. American Financial Advisors LLC now owns 35,502 shares of the company’s stock worth $2,781,000 after purchasing an additional 24,957 shares during the period. First Command Advisory Services Inc. lifted its stake in SPDR Portfolio S&P 500 ETF by 54.3% in the third quarter. First Command Advisory Services Inc. now owns 2,678,563 shares of the company’s stock worth $209,841,000 after purchasing an additional 942,586 shares during the last quarter. Finally, Mattson Financial Services LLC boosted its position in SPDR Portfolio S&P 500 ETF by 27.7% during the third quarter. Mattson Financial Services LLC now owns 182,977 shares of the company’s stock valued at $14,334,000 after buying an additional 39,708 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 0.0%

Shares of NYSEARCA:SPLG opened at $80.20 on Wednesday. The stock’s 50-day moving average price is $80.91 and its 200-day moving average price is $78.97. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $81.14. The stock has a market capitalization of $95.44 billion, a P/E 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.