ProVise Management Group LLC Acquires 13,438 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

ProVise Management Group LLC increased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 135.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,384 shares of the company’s stock after purchasing an additional 13,438 shares during the period. ProVise Management Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,307,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Advance Capital Management Inc. boosted its position in shares of SPDR Portfolio S&P 500 ETF by 200.6% during the fourth quarter. Advance Capital Management Inc. now owns 5,956,973 shares of the company’s stock worth $332,995,000 after acquiring an additional 3,975,462 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 30.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,044,571 shares of the company’s stock valued at $504,862,000 after purchasing an additional 2,351,596 shares during the last quarter. 1900 Wealth Management LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1,777.1% during the 4th quarter. 1900 Wealth Management LLC now owns 2,432,652 shares of the company’s stock valued at $135,985,000 after purchasing an additional 2,303,056 shares during the last quarter. LPL Financial LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 10.9% during the third quarter. LPL Financial LLC now owns 22,823,121 shares of the company’s stock valued at $1,147,090,000 after purchasing an additional 2,235,952 shares in the last quarter. Finally, Advocacy Wealth Management Services LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $110,834,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.7 %

Shares of NYSEARCA:SPLG traded up $0.43 during mid-day trading on Friday, reaching $62.29. The stock had a trading volume of 4,406,255 shares, compared to its average volume of 8,240,045. The business’s 50 day moving average price is $60.69 and its 200 day moving average price is $57.87. SPDR Portfolio S&P 500 ETF has a 1 year low of $48.13 and a 1 year high of $62.70. The company has a market cap of $36.32 billion, a P/E 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.