HWG Holdings LP Buys Shares of 40,194 SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

HWG Holdings LP bought a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 40,194 shares of the company’s stock, valued at approximately $2,572,000. SPDR Portfolio S&P 500 ETF accounts for about 0.9% of HWG Holdings LP’s holdings, making the stock its 24th biggest position.

Several other hedge funds have also recently added to or reduced their stakes in SPLG. 9258 Wealth Management LLC raised its position in shares of 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 purchasing an additional 13,240 shares during the period. Stifel Financial Corp raised its position in shares of SPDR Portfolio S&P 500 ETF by 69.5% during the fourth quarter. Stifel Financial Corp now owns 210,793 shares of the company’s stock worth $11,783,000 after purchasing an additional 86,450 shares during the period. Jones Financial Companies Lllp acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $272,000. The Manufacturers Life Insurance Company raised its position in shares of SPDR Portfolio S&P 500 ETF by 10.0% during the fourth quarter. The Manufacturers Life Insurance Company now owns 4,152,695 shares of the company’s stock worth $232,136,000 after purchasing an additional 377,862 shares during the period. Finally, Belpointe Asset Management LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 94.8% during the fourth quarter. Belpointe Asset Management LLC now owns 13,453 shares of the company’s stock worth $752,000 after purchasing an additional 6,548 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG opened at $67.22 on Monday. The stock has a 50-day simple moving average of $64.93 and a 200 day simple moving average of $63.11. SPDR Portfolio S&P 500 ETF has a 52-week low of $48.13 and a 52-week high of $67.58. The company has a market cap of $39.20 billion, a PE ratio of 26.64 and a beta of 1.00.

About SPDR Portfolio S&P 500 ETF

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.