Vestmark Advisory Solutions Inc. Acquires 204,592 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Vestmark Advisory Solutions Inc. increased its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 69.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 498,454 shares of the company’s stock after acquiring an additional 204,592 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up about 1.4% of Vestmark Advisory Solutions Inc.’s holdings, making the stock its 13th largest position. Vestmark Advisory Solutions Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $27,864,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Allworth Financial LP lifted its holdings in SPDR Portfolio S&P 500 ETF by 4.9% during the fourth quarter. Allworth Financial LP now owns 5,106 shares of the company’s stock worth $285,000 after acquiring an additional 239 shares during the period. Helen Stephens Group LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the fourth quarter. Helen Stephens Group LLC now owns 36,498 shares of the company’s stock valued at $2,040,000 after buying an additional 242 shares during the period. Kestra Private Wealth Services LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 5.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,682 shares of the company’s stock valued at $262,000 after buying an additional 249 shares during the period. E&G Advisors LP raised its stake in shares of SPDR Portfolio S&P 500 ETF by 0.4% in the fourth quarter. E&G Advisors LP now owns 67,349 shares of the company’s stock valued at $3,765,000 after buying an additional 264 shares during the period. Finally, JDM Financial Group LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 0.4% in the third quarter. JDM Financial Group LLC now owns 75,290 shares of the company’s stock valued at $3,784,000 after buying an additional 275 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG traded up $0.72 during mid-day trading on Friday, hitting $60.13. The stock had a trading volume of 8,827,823 shares, compared to its average volume of 8,710,455. The firm has a market cap of $33.92 billion, a P/E ratio of 25.60 and a beta of 1.00. The business has a fifty day moving average price of $60.21 and a 200-day moving average price of $56.67. SPDR Portfolio S&P 500 ETF has a 52 week low of $47.48 and a 52 week high of $61.69.

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.