Sovereign Financial Group Inc. Buys 586 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Sovereign Financial Group Inc. lifted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 9,683 shares of the company’s stock after acquiring an additional 586 shares during the period. Sovereign Financial Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $541,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Allworth Financial LP raised its position in SPDR Portfolio S&P 500 ETF by 4.9% in the 4th quarter. Allworth Financial LP now owns 5,106 shares of the company’s stock worth $285,000 after purchasing an additional 239 shares during the period. Helen Stephens Group LLC raised its position in SPDR Portfolio S&P 500 ETF by 0.7% in the 4th quarter. Helen Stephens Group LLC now owns 36,498 shares of the company’s stock worth $2,040,000 after purchasing an additional 242 shares during the period. Kestra Private Wealth Services LLC raised its position in SPDR Portfolio S&P 500 ETF by 5.6% in the 4th quarter. Kestra Private Wealth Services LLC now owns 4,682 shares of the company’s stock worth $262,000 after purchasing an additional 249 shares during the period. E&G Advisors LP raised its position in SPDR Portfolio S&P 500 ETF by 0.4% in the 4th quarter. E&G Advisors LP now owns 67,349 shares of the company’s stock worth $3,765,000 after purchasing an additional 264 shares during the period. Finally, JDM Financial Group LLC raised its position in SPDR Portfolio S&P 500 ETF by 0.4% in the 3rd quarter. JDM Financial Group LLC now owns 75,290 shares of the company’s stock worth $3,784,000 after purchasing an additional 275 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 0.1 %

Shares of SPLG stock traded up $0.07 during mid-day trading on Tuesday, reaching $60.83. The stock had a trading volume of 5,605,139 shares, compared to its average volume of 8,640,337. The stock’s 50-day moving average price is $60.26 and its two-hundred day moving average price is $56.87. SPDR Portfolio S&P 500 ETF has a 52-week low of $48.07 and a 52-week high of $61.69. The firm has a market capitalization of $34.31 billion, a PE ratio of 25.60 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF 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.