Segment Wealth Management LLC Purchases New Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Segment Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 3,420 shares of the company’s stock, valued at approximately $236,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SPLG. ORG Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $33,000. Blue Trust Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth $31,000. Highline Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at about $36,000. Decker Retirement Planning Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $43,000. Finally, Kayne Anderson Rudnick Investment Management LLC bought a new position in SPDR Portfolio S&P 500 ETF during the second quarter worth about $49,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.9 %

NYSEARCA SPLG opened at $70.94 on Wednesday. The firm has a 50-day moving average price of $70.07 and a two-hundred day moving average price of $67.48. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.78 and a 12-month high of $71.64. The company has a market capitalization of $41.37 billion, a P/E ratio of 26.64 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.