Nwam LLC Has $11.56 Million Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Nwam LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 60.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 167,653 shares of the company’s stock after buying an additional 63,055 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 0.7% of Nwam LLC’s holdings, making the stock its 27th biggest position. Nwam LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $11,558,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Stegent Equity Advisors Inc. increased its position in shares of SPDR Portfolio S&P 500 ETF by 10.9% in the fourth quarter. Stegent Equity Advisors Inc. now owns 29,652 shares of the company’s stock worth $2,044,000 after purchasing an additional 2,913 shares during the period. Magnolia Private Wealth LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $427,000. Red Crane Wealth Management LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $1,272,000. Provident Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 12.9% in the fourth quarter. Provident Wealth Management LLC now owns 3,039 shares of the company’s stock worth $210,000 after purchasing an additional 348 shares during the period. Finally, Tull Financial Group Inc. increased its position in shares of SPDR Portfolio S&P 500 ETF by 15.3% in the fourth quarter. Tull Financial Group Inc. now owns 191,809 shares of the company’s stock worth $13,223,000 after purchasing an additional 25,411 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG opened at $69.92 on Thursday. SPDR Portfolio S&P 500 ETF has a 52 week low of $58.08 and a 52 week high of $72.14. The stock has a market capitalization of $58.06 billion, a P/E ratio of 26.92 and a beta of 1.01. The stock’s fifty day moving average is $70.39 and its 200 day moving average is $68.76.

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.