Wealth Management Resources Inc. Acquires Shares of 84,505 SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Wealth Management Resources Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 84,505 shares of the company’s stock, valued at approximately $5,826,000. SPDR Portfolio S&P 500 ETF accounts for 2.1% of Wealth Management Resources Inc.’s holdings, making the stock its 15th largest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Financial Futures Ltd Liability Co. boosted its position in SPDR Portfolio S&P 500 ETF by 3.6% during the third quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock valued at $15,765,000 after purchasing an additional 8,212 shares during the last quarter. Barclays PLC increased its holdings in SPDR Portfolio S&P 500 ETF by 170.0% in the third quarter. Barclays PLC now owns 1,350 shares of the company’s stock worth $91,000 after buying an additional 850 shares during the last quarter. Continuum Advisory LLC raised its position in SPDR Portfolio S&P 500 ETF by 1.5% during the third quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock valued at $9,044,000 after acquiring an additional 1,924 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 2.1% in the third quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock valued at $7,784,000 after acquiring an additional 2,404 shares during the last quarter. Finally, Bleakley Financial Group LLC grew its position in SPDR Portfolio S&P 500 ETF by 5.2% in the third quarter. Bleakley Financial Group LLC now owns 18,669 shares of the company’s stock worth $1,260,000 after acquiring an additional 926 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.3 %

Shares of SPLG opened at $71.51 on Friday. The firm has a market cap of $41.70 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. The company’s fifty day moving average is $70.20 and its 200-day moving average is $67.62. SPDR Portfolio S&P 500 ETF has a 12 month low of $56.80 and a 12 month high of $71.85.

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.