SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is StoneCrest Wealth Management Inc.’s 3rd Largest Position

StoneCrest Wealth Management Inc. raised its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 22.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,149 shares of the company’s stock after acquiring an additional 20,036 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 5.3% of StoneCrest Wealth Management Inc.’s portfolio, making the stock its 3rd largest position. StoneCrest Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,301,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Westwind Capital acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $26,000. Evensky & Katz LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the 1st quarter worth $27,000. ORG Partners LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the second quarter valued at $41,000. Harbor Investment Advisory LLC increased its stake in SPDR Portfolio S&P 500 ETF by 76.6% in the first quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock valued at $39,000 after purchasing an additional 278 shares during the period. Finally, ESL Trust Services LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the first quarter valued at about $40,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $67.40 on Wednesday. The company has a market capitalization of $39.30 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $48.13 and a fifty-two week high of $67.58. The firm has a 50-day simple moving average of $65.34 and a 200-day simple moving average of $63.43.

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.