Gerber Kawasaki Wealth & Investment Management Grows Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Gerber Kawasaki Wealth & Investment Management lifted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 15.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,578 shares of the company’s stock after buying an additional 11,968 shares during the period. Gerber Kawasaki Wealth & Investment Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,038,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Swmg LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 0.3% during the 4th quarter. Swmg LLC now owns 49,271 shares of the company’s stock worth $3,515,000 after purchasing an additional 144 shares during the period. Integrity Wealth Solutions LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 0.5% during the fourth quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock worth $1,975,000 after buying an additional 145 shares during the last quarter. Key Financial Inc raised its position in SPDR Portfolio S&P 500 ETF by 1.6% in the fourth quarter. Key Financial Inc now owns 9,410 shares of the company’s stock worth $649,000 after acquiring an additional 146 shares during the period. Guyasuta Investment Advisors Inc. boosted its stake in SPDR Portfolio S&P 500 ETF by 3.3% in the fourth quarter. Guyasuta Investment Advisors Inc. now owns 4,671 shares of the company’s stock valued at $322,000 after acquiring an additional 148 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 19.9% during the 4th quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock valued at $64,000 after buying an additional 153 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPDR Portfolio S&P 500 ETF stock opened at $64.74 on Friday. The stock has a market capitalization of $59.72 billion, a P/E ratio of 23.41 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $72.14. The stock’s 50-day simple moving average is $65.51 and its 200 day simple moving average is $68.38.

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.