Concorde Asset Management LLC Takes $334,000 Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Concorde Asset Management LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,219 shares of the company’s stock, valued at approximately $334,000.

Several other hedge funds have also recently added to or reduced their stakes in SPLG. 9258 Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 ETF by 5.5% during the fourth quarter. 9258 Wealth Management LLC now owns 253,514 shares of the company’s stock worth $14,171,000 after acquiring an additional 13,240 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.6% in the fourth quarter. Principal Financial Group Inc. now owns 353,149 shares of the company’s stock valued at $19,741,000 after purchasing an additional 8,859 shares during the last quarter. UBS Group AG lifted its position in SPDR Portfolio S&P 500 ETF by 10.0% during the fourth quarter. UBS Group AG now owns 694,665 shares of the company’s stock worth $38,832,000 after buying an additional 62,965 shares in the last quarter. Thoroughbred Financial Services LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth $249,000. Finally, Wells Fargo & Company MN grew its holdings in SPDR Portfolio S&P 500 ETF by 8.4% in the 4th quarter. Wells Fargo & Company MN now owns 2,135,034 shares of the company’s stock valued at $119,348,000 after buying an additional 166,022 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.3 %

NYSEARCA SPLG opened at $66.04 on Thursday. SPDR Portfolio S&P 500 ETF has a 52 week low of $48.13 and a 52 week high of $66.89. The business’s fifty day simple moving average is $64.71 and its 200-day simple moving average is $62.77. The firm has a market cap of $38.51 billion, a PE ratio of 26.64 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF 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.