Fonville Wealth Management LLC Takes $2.65 Million Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Fonville Wealth Management LLC bought a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 47,476 shares of the company’s stock, valued at approximately $2,654,000. SPDR Portfolio S&P 500 ETF accounts for 1.4% of Fonville Wealth Management LLC’s investment portfolio, making the stock its 26th largest holding.

Several other large investors have also recently made changes to their positions in SPLG. MAS Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 26.3% in the 1st quarter. MAS Advisors LLC now owns 31,593 shares of the company’s stock valued at $1,704,000 after purchasing an additional 6,574 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 45.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,922 shares of the company’s stock valued at $368,000 after purchasing an additional 2,170 shares during the period. BlackRock Inc. lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 13.2% in the 1st quarter. BlackRock Inc. now owns 1,694,160 shares of the company’s stock valued at $90,011,000 after purchasing an additional 197,709 shares during the period. U.S. Capital Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $268,000. Finally, Mather Group LLC. acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $419,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG traded down $0.12 during trading hours on Thursday, hitting $58.76. The stock had a trading volume of 12,670,327 shares, compared to its average volume of 8,909,265. The firm has a 50-day moving average price of $60.11 and a 200 day moving average price of $55.95. The firm has a market capitalization of $32.48 billion, a price-to-earnings ratio of 25.72 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $47.48 and a fifty-two week 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.