340,165 Shares in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Bought by Steele Capital Management Inc.

Steele Capital Management Inc. bought a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 340,165 shares of the company’s stock, valued at approximately $19,015,000. SPDR Portfolio S&P 500 ETF accounts for 1.2% of Steele Capital Management Inc.’s investment portfolio, making the stock its 20th largest holding. Steele Capital Management Inc. owned approximately 0.09% of SPDR Portfolio S&P 500 ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPLG. Tsfg LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 255.5% during the 4th quarter. Tsfg LLC now owns 551 shares of the company’s stock worth $31,000 after buying an additional 396 shares during the last quarter. Chilton Capital Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $31,000. Venturi Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $31,000. Rakuten Securities Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $35,000. Finally, ORG Partners LLC boosted its stake 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 worth $62,000 after buying an additional 623 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.4 %

Shares of SPDR Portfolio S&P 500 ETF stock traded up $0.21 during trading hours on Monday, reaching $60.00. 4,188,744 shares of the company’s stock were exchanged, compared to its average volume of 8,779,149. The company has a 50 day moving average of $60.16 and a two-hundred day moving average of $56.41. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $47.48 and a fifty-two week high of $61.69. The stock has a market cap of $33.85 billion, a P/E ratio of 25.60 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.