Manhattan West Asset Management LLC Boosts Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Manhattan West Asset Management LLC raised its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 32.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,476 shares of the company’s stock after purchasing an additional 27,638 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 2.1% of Manhattan West Asset Management LLC’s investment portfolio, making the stock its 13th largest position. Manhattan West Asset Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,823,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. American Century Companies Inc. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 6.4% in the fourth quarter. American Century Companies Inc. now owns 320,300 shares of the company’s stock valued at $22,081,000 after buying an additional 19,200 shares during the period. MN Wealth Advisors LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 7.0% in the 4th quarter. MN Wealth Advisors LLC now owns 29,869 shares of the company’s stock worth $2,059,000 after acquiring an additional 1,960 shares during the last quarter. Barclays PLC raised its stake in SPDR Portfolio S&P 500 ETF by 170.0% in the 3rd quarter. Barclays PLC now owns 1,350 shares of the company’s stock valued at $91,000 after acquiring an additional 850 shares during the period. Shepherd Financial Partners LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 5.3% during the fourth quarter. Shepherd Financial Partners LLC now owns 93,323 shares of the company’s stock valued at $6,434,000 after purchasing an additional 4,676 shares during the last quarter. Finally, Hobbs Group Advisors LLC bought a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $9,946,000.

SPDR Portfolio S&P 500 ETF Stock Up 1.8 %

NYSEARCA SPLG opened at $62.80 on Friday. The firm has a market cap of $56.68 billion, a P/E ratio of 24.63 and a beta of 1.01. The company’s 50 day moving average is $67.24 and its 200-day moving average is $68.70. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $72.14.

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.