Independence Wealth Advisors LLC Buys New Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Independence Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 112,084 shares of the company’s stock, valued at approximately $8,991,000. SPDR Portfolio S&P 500 ETF accounts for 5.1% of Independence Wealth Advisors LLC’s portfolio, making the stock its 4th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPLG. Center for Financial Planning Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $37,000. Heritage Wealth Advisors purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $38,000. GAMMA Investing LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $40,000. Wealth Watch Advisors INC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $43,000. Finally, Elevation Wealth Partners LLC increased its position in SPDR Portfolio S&P 500 ETF by 52.4% during the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock worth $45,000 after purchasing an additional 197 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $76.33 on Monday. The firm has a market capitalization of $90.84 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $81.14. The company’s 50 day moving average price is $80.53 and its 200 day moving average price is $79.69.

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.