SFG Wealth Management LLC. Acquires 8,560 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

SFG Wealth Management LLC. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 108.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,484 shares of the company’s stock after purchasing an additional 8,560 shares during the period. SFG Wealth Management LLC.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,113,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SPLG. Principal Financial Group Inc. lifted its stake in SPDR Portfolio S&P 500 ETF by 3.3% in the third quarter. Principal Financial Group Inc. now owns 382,328 shares of the company’s stock valued at $25,811,000 after buying an additional 12,336 shares during the period. Walkner Condon Financial Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 10.2% during the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 408,367 shares of the company’s stock valued at $27,569,000 after acquiring an additional 37,786 shares during the period. Advisor Resource Council boosted its stake in SPDR Portfolio S&P 500 ETF by 61.5% during the third quarter. Advisor Resource Council now owns 21,298 shares of the company’s stock worth $1,438,000 after acquiring an additional 8,111 shares in the last quarter. Spinnaker Trust grew its holdings in SPDR Portfolio S&P 500 ETF by 72.1% in the third quarter. Spinnaker Trust now owns 797,556 shares of the company’s stock worth $53,843,000 after purchasing an additional 334,132 shares during the period. Finally, Leslie Global Wealth LLC increased its stake in SPDR Portfolio S&P 500 ETF by 6.7% in the third quarter. Leslie Global Wealth LLC now owns 285,232 shares of the company’s stock valued at $19,256,000 after purchasing an additional 17,943 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG traded up $0.19 during trading on Friday, hitting $70.25. 694,038 shares of the company traded hands, compared to its average volume of 7,116,974. The business’s fifty day moving average is $67.12 and its 200 day moving average is $64.58. The firm has a market capitalization of $40.97 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $50.97 and a fifty-two week high of $70.28.

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.