Sovran Advisors LLC Makes New $1.35 Million Investment in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Sovran Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 19,747 shares of the company’s stock, valued at approximately $1,352,000.

A number of other hedge funds have also recently made changes to their positions in the business. Elevation Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $26,000. ORG Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth $33,000. Blue Trust Inc. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth $31,000. Highline Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the third quarter valued at $36,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $39,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.7 %

SPLG opened at $71.15 on Tuesday. The company has a market capitalization of $41.49 billion, a PE ratio of 26.64 and a beta of 1.00. The firm has a 50-day simple moving average of $70.36 and a two-hundred day simple moving average of $68.04. SPDR Portfolio S&P 500 ETF has a 52 week low of $57.72 and a 52 week high of $71.85.

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.