Glassman Wealth Services increased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 8.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,395 shares of the company’s stock after buying an additional 188 shares during the quarter. Glassman Wealth Services’ holdings in SPDR Portfolio S&P 500 ETF were worth $165,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of SPLG. Halbert Hargrove Global Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $37,000. Bailard Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $415,000. MMA Asset Management LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $6,891,000. Smartleaf Asset Management LLC boosted its position in SPDR Portfolio S&P 500 ETF by 49.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 16,065 shares of the company’s stock worth $1,112,000 after purchasing an additional 5,317 shares in the last quarter. Finally, Cape Investment Advisory Inc. boosted its position in SPDR Portfolio S&P 500 ETF by 17.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 27,292 shares of the company’s stock worth $1,881,000 after purchasing an additional 4,117 shares in the last quarter.
SPDR Portfolio S&P 500 ETF Trading Up 1.5 %
SPDR Portfolio S&P 500 ETF stock opened at $69.89 on Friday. SPDR Portfolio S&P 500 ETF has a 12 month low of $58.08 and a 12 month high of $72.14. The stock’s 50 day simple moving average is $70.39 and its two-hundred day simple moving average is $68.84. The firm has a market cap of $58.04 billion, a PE ratio of 26.92 and a beta of 1.01.
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.
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