Cornerstone Wealth Group LLC Acquires 47,630 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Cornerstone Wealth Group LLC raised its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 113.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 89,516 shares of the company’s stock after buying an additional 47,630 shares during the period. Cornerstone Wealth Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $5,887,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Signature Resources Capital Management LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 1,200.0% in the 1st quarter. Signature Resources Capital Management LLC now owns 455 shares of the company’s stock valued at $30,000 after purchasing an additional 420 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $37,000. Clarity Asset Management Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $38,000. Basso Capital Management L.P. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $40,000. Finally, Curio Wealth LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $41,000.

SPDR Portfolio S&P 500 ETF Stock Up 1.0%

NYSEARCA SPLG opened at $70.79 on Tuesday. 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 market cap of $70.45 billion, a price-to-earnings ratio of 25.31 and a beta of 1.01. The business’s fifty day moving average is $67.69 and its 200 day moving average is $68.24.

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.