TAP Consulting LLC Makes New Investment in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

TAP Consulting LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, Holdings Channel reports. The fund bought 7,256 shares of the company’s stock, valued at approximately $406,000.

A number of other institutional investors also recently bought and sold shares of SPLG. SOL Capital Management CO increased its position in shares of SPDR Portfolio S&P 500 ETF by 21.3% during the fourth quarter. SOL Capital Management CO now owns 183,230 shares of the company’s stock valued at $10,243,000 after acquiring an additional 32,235 shares during the last quarter. Aspire Private Capital LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 67.3% during the fourth quarter. Aspire Private Capital LLC now owns 57,287 shares of the company’s stock valued at $3,202,000 after acquiring an additional 23,037 shares during the last quarter. Raymond James & Associates increased its position in shares of SPDR Portfolio S&P 500 ETF by 30.8% during the fourth quarter. Raymond James & Associates now owns 1,138,737 shares of the company’s stock valued at $63,655,000 after acquiring an additional 268,157 shares during the last quarter. Goodman Financial Corp increased its position in shares of SPDR Portfolio S&P 500 ETF by 1.5% during the third quarter. Goodman Financial Corp now owns 73,232 shares of the company’s stock valued at $3,681,000 after acquiring an additional 1,060 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. increased its position in shares of SPDR Portfolio S&P 500 ETF by 48.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 28,120 shares of the company’s stock valued at $1,413,000 after acquiring an additional 9,124 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock traded up $0.56 during trading on Friday, reaching $59.79. The company’s stock had a trading volume of 5,143,884 shares, compared to its average volume of 8,835,651. The company has a market capitalization of $33.05 billion, a price-to-earnings ratio of 25.72 and a beta of 1.00. The stock’s 50-day moving average price is $60.14 and its 200 day moving average price is $56.28. SPDR Portfolio S&P 500 ETF has a 1-year low of $47.48 and a 1-year high of $61.69.

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.