Sugarloaf Wealth Management LLC Buys 7,094 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Sugarloaf Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 456,286 shares of the company’s stock after buying an additional 7,094 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 5.4% of Sugarloaf Wealth Management LLC’s portfolio, making the stock its 4th largest holding. Sugarloaf Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $31,456,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SPLG. HBW Advisory Services LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 3.7% in the fourth quarter. HBW Advisory Services LLC now owns 11,041 shares of the company’s stock valued at $761,000 after buying an additional 394 shares during the last quarter. Worth Asset Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.0% in the 4th quarter. Worth Asset Management LLC now owns 104,047 shares of the company’s stock valued at $7,173,000 after acquiring an additional 2,027 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $310,000. Range Financial Group LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 115.9% during the 4th quarter. Range Financial Group LLC now owns 96,574 shares of the company’s stock worth $6,658,000 after acquiring an additional 51,843 shares in the last quarter. Finally, Westwind Capital lifted its stake in SPDR Portfolio S&P 500 ETF by 9.0% during the fourth quarter. Westwind Capital now owns 116,374 shares of the company’s stock worth $8,023,000 after purchasing an additional 9,625 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 1.2 %

SPDR Portfolio S&P 500 ETF stock traded down $0.83 during mid-day trading on Friday, hitting $68.50. The company had a trading volume of 7,282,197 shares, compared to its average volume of 7,857,180. SPDR Portfolio S&P 500 ETF has a 1 year low of $55.26 and a 1 year high of $71.64. The business has a fifty day moving average of $70.02 and a 200 day moving average of $67.20. The stock has a market cap of $39.95 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.