SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Stake Boosted by North Star Asset Management Inc.

North Star Asset Management Inc. increased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.1% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 721,181 shares of the company’s stock after buying an additional 72,281 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 2.2% of North Star Asset Management Inc.’s portfolio, making the stock its 6th largest holding. North Star Asset Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $49,718,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Elevation Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $26,000. Hemington Wealth Management bought a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $30,000. Halbert Hargrove Global Advisors LLC bought a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $37,000. Clarity Asset Management Inc. bought a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $38,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $39,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.6%

Shares of NYSEARCA:SPLG opened at $68.13 on Friday. The firm has a market capitalization of $62.84 billion, a PE ratio of 24.62 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $72.14. The company has a 50-day moving average price of $65.21 and a two-hundred day moving average price of $68.30.

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.