Arvest Investments Inc. Invests $1.52 Million in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Arvest Investments Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,985 shares of the company’s stock, valued at approximately $1,516,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Elevation Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $26,000. Hemington Wealth Management bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $30,000. Halbert Hargrove Global Advisors LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $37,000. Comprehensive Financial Planning Inc. PA bought a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $39,000. Finally, Basso Capital Management L.P. bought a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $40,000.

SPDR Portfolio S&P 500 ETF Trading Up 1.0 %

SPLG opened at $66.70 on Thursday. The stock has a market capitalization of $55.97 billion, a P/E ratio of 24.69 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 12 month low of $58.09 and a 12 month high of $72.14. The firm’s fifty day simple moving average is $69.60 and its 200 day simple moving average is $68.95.

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.