JDM Financial Group LLC Boosts Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

JDM Financial Group LLC increased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 75,955 shares of the company’s stock after purchasing an additional 665 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 3.5% of JDM Financial Group LLC’s portfolio, making the stock its 8th biggest holding. JDM Financial Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,246,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Tsfg LLC grew its stake in SPDR Portfolio S&P 500 ETF by 255.5% in the 4th quarter. Tsfg LLC now owns 551 shares of the company’s stock valued at $31,000 after buying an additional 396 shares in the last quarter. Chilton Capital Management LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $31,000. Venturi Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at approximately $31,000. Rakuten Securities Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $35,000. Finally, ORG Partners LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 127.4% during the 4th quarter. ORG Partners LLC now owns 1,112 shares of the company’s stock valued at $62,000 after purchasing an additional 623 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.9 %

Shares of SPLG traded up $0.56 during mid-day trading on Friday, reaching $59.79. 5,171,859 shares of the stock traded hands, compared to its average volume of 8,835,651. The firm has a fifty day moving average price of $60.16 and a 200 day moving average price of $56.34. The company has a market cap of $33.05 billion, a price-to-earnings ratio of 25.72 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1 year low of $47.48 and a 1 year high of $61.69.

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.