Widmann Financial Services Inc. Makes New $202,000 Investment in SPDR Portfolio S&P 500 ETF $SPLG

Widmann Financial Services Inc. bought a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,079 shares of the company’s stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SPLG. Talisman Wealth Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 19.3% during the first quarter. Talisman Wealth Advisors LLC now owns 7,535 shares of the company’s stock worth $496,000 after buying an additional 1,220 shares in the last quarter. Comerica Bank boosted its holdings in SPDR Portfolio S&P 500 ETF by 25.7% in the first quarter. Comerica Bank now owns 28,730 shares of the company’s stock valued at $1,889,000 after acquiring an additional 5,878 shares during the last quarter. Freedom Investment Management Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter worth about $2,245,000. SVB Wealth LLC grew its stake in SPDR Portfolio S&P 500 ETF by 5.3% during the first quarter. SVB Wealth LLC now owns 5,967 shares of the company’s stock worth $392,000 after buying an additional 302 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 59.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 25,542 shares of the company’s stock valued at $1,670,000 after acquiring an additional 9,477 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 1.5%

Shares of NYSEARCA SPLG opened at $75.91 on Monday. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $76.07. The stock has a fifty day moving average price of $73.61 and a 200 day moving average price of $69.41. The company has a market cap of $80.57 billion, a P/E ratio of 25.61 and a beta of 1.00.

About SPDR Portfolio S&P 500 ETF

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.