National Wealth Management Group LLC Purchases 6,998 Shares of SPDR Portfolio S&P 500 ETF $SPLG

National Wealth Management Group LLC increased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 14.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,831 shares of the company’s stock after acquiring an additional 6,998 shares during the period. SPDR Portfolio S&P 500 ETF comprises 1.7% of National Wealth Management Group LLC’s holdings, making the stock its 14th largest holding. National Wealth Management Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,452,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SPLG. Clearstead Trust LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at $30,000. GPS Wealth Strategies Group LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 194.6% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock worth $36,000 after buying an additional 323 shares during the last quarter. GAMMA Investing LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the third quarter valued at about $40,000. Elevation Wealth Partners LLC grew its position in SPDR Portfolio S&P 500 ETF by 52.4% in the third quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock valued at $45,000 after acquiring an additional 197 shares during the last quarter. Finally, Crewe Advisors LLC raised its stake in SPDR Portfolio S&P 500 ETF by 246.4% during the second quarter. Crewe Advisors LLC now owns 634 shares of the company’s stock worth $46,000 after acquiring an additional 451 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Up 0.0%

SPLG opened at $81.10 on Monday. The company has a market cap of $96.51 billion, a P/E ratio of 25.61 and a beta of 1.00. The company’s 50 day moving average is $80.29 and its 200-day moving average is $78.13. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.