Client 1ST Advisory Group LLC Purchases New Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Client 1ST Advisory Group LLC acquired a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 475,046 shares of the company’s stock, valued at approximately $32,750,000. SPDR Portfolio S&P 500 ETF accounts for about 12.6% of Client 1ST Advisory Group LLC’s portfolio, making the stock its 2nd biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Bernardo Wealth Planning LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 20.9% in the 4th quarter. Bernardo Wealth Planning LLC now owns 4,922 shares of the company’s stock valued at $336,000 after acquiring an additional 851 shares during the last quarter. Lbmc Investment Advisors LLC raised its position in SPDR Portfolio S&P 500 ETF by 9.5% in the fourth quarter. Lbmc Investment Advisors LLC now owns 29,309 shares of the company’s stock valued at $2,021,000 after purchasing an additional 2,545 shares during the last quarter. Romano Brothers AND Company boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 26.0% during the fourth quarter. Romano Brothers AND Company now owns 5,039 shares of the company’s stock valued at $347,000 after purchasing an additional 1,039 shares in the last quarter. Meridian Financial LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.0% during the fourth quarter. Meridian Financial LLC now owns 56,429 shares of the company’s stock worth $3,890,000 after purchasing an additional 572 shares during the last quarter. Finally, Sandy Cove Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 39.5% in the fourth quarter. Sandy Cove Advisors LLC now owns 4,310 shares of the company’s stock valued at $297,000 after buying an additional 1,221 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA:SPLG opened at $70.29 on Monday. SPDR Portfolio S&P 500 ETF has a one year low of $55.56 and a one year high of $71.64. The company has a market cap of $40.99 billion, a PE ratio of 26.64 and a beta of 1.00. The firm’s 50 day simple moving average is $70.08 and its 200 day simple moving average is $67.45.

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.