Executive Wealth Management LLC Has $16.64 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Executive Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 16.7% in the third quarter, HoldingsChannel.com reports. The firm owned 422,904 shares of the company’s stock after acquiring an additional 60,631 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 2.3% of Executive Wealth Management LLC’s investment portfolio, making the stock its 10th biggest holding. Executive Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $16,641,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Ellis Investment Partners LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at about $43,000. Creative Financial Designs Inc. ADV increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 37.2% during the second quarter. Creative Financial Designs Inc. ADV now owns 1,532 shares of the company’s stock valued at $56,000 after acquiring an additional 415 shares in the last quarter. Tortoise Investment Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 93.5% during the second quarter. Tortoise Investment Management LLC now owns 2,070 shares of the company’s stock valued at $75,000 after acquiring an additional 1,000 shares in the last quarter. Simplex Trading LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at about $79,000. Finally, Pinnacle Bank increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 69.6% during the second quarter. Pinnacle Bank now owns 2,200 shares of the company’s stock valued at $80,000 after acquiring an additional 903 shares in the last quarter.

Shares of SPLG traded down $0.86 during mid-day trading on Monday, hitting $39.78. 76,467 shares of the company traded hands, compared to its average volume of 3,641,822. SPDR Portfolio S&P 500 ETF has a 1-year low of $25.62 and a 1-year high of $42.14. The business has a 50 day moving average of $39.75 and a 200 day moving average of $37.18.

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.

See Also: Cost of Debt

Want to see what other hedge funds are holding SPLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG).

Institutional Ownership by Quarter for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

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