Avidian Wealth Solutions LLC Grows Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Avidian Wealth Solutions LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 33.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 919,397 shares of the company’s stock after acquiring an additional 232,942 shares during the period. SPDR Portfolio S&P 500 ETF makes up about 3.2% of Avidian Wealth Solutions LLC’s portfolio, making the stock its 6th largest holding. Avidian Wealth Solutions LLC owned approximately 0.25% of SPDR Portfolio S&P 500 ETF worth $51,394,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Tsfg LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 255.5% during the 4th quarter. Tsfg LLC now owns 551 shares of the company’s stock valued at $31,000 after acquiring an additional 396 shares in the last quarter. Chilton Capital Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $31,000. Tower View Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 416.8% during the fourth quarter. Tower View Wealth Management LLC now owns 615 shares of the company’s stock worth $34,000 after purchasing an additional 496 shares during the last quarter. Venturi Wealth Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth about $31,000. Finally, Rakuten Securities Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $35,000.

SPDR Portfolio S&P 500 ETF Trading Up 1.2 %

NYSEARCA:SPLG traded up $0.72 during mid-day trading on Friday, hitting $60.13. 8,827,823 shares of the company’s stock were exchanged, compared to its average volume of 8,710,455. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $47.48 and a fifty-two week high of $61.69. The firm has a market capitalization of $33.92 billion, a P/E ratio of 25.60 and a beta of 1.00. The company has a 50 day simple moving average of $60.21 and a 200-day simple moving average of $56.63.

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.