Legacy Capital Wealth Partners LLC Acquires 72,052 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Legacy Capital Wealth Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 345.6% during the fourth quarter, HoldingsChannel reports. The fund owned 92,902 shares of the company’s stock after purchasing an additional 72,052 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises about 1.5% of Legacy Capital Wealth Partners LLC’s investment portfolio, making the stock its 14th biggest holding. Legacy Capital Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $5,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. RiverFront Investment Group LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $63,007,000. Stonebrook Private Inc. bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $8,219,000. Transcend Capital Advisors LLC increased its stake in SPDR Portfolio S&P 500 ETF by 18.7% in the fourth quarter. Transcend Capital Advisors LLC now owns 67,754 shares of the company’s stock valued at $3,787,000 after acquiring an additional 10,654 shares during the last quarter. JDM Financial Group LLC increased its stake in SPDR Portfolio S&P 500 ETF by 0.9% in the fourth quarter. JDM Financial Group LLC now owns 75,955 shares of the company’s stock valued at $4,246,000 after acquiring an additional 665 shares during the last quarter. Finally, Valmark Advisers Inc. increased its stake in SPDR Portfolio S&P 500 ETF by 9.7% in the fourth quarter. Valmark Advisers Inc. now owns 104,065 shares of the company’s stock valued at $5,817,000 after acquiring an additional 9,214 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG traded up $0.56 during trading on Friday, reaching $59.79. The stock had a trading volume of 5,171,859 shares, compared to its average volume of 8,835,651. The stock has a market cap of $33.05 billion, a PE ratio of 25.72 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $47.48 and a one year high of $61.69. The business has a 50-day moving average of $60.16 and a 200-day moving average of $56.38.

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.