Kovitz Investment Group Partners LLC Has $22.28 Million Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Kovitz Investment Group Partners LLC lifted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 284,370 shares of the company’s stock after purchasing an additional 23,370 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $22,278,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SPLG. Clearstead Trust LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $30,000. Center for Financial Planning Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $37,000. GPS Wealth Strategies Group LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 194.6% in the second quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after purchasing an additional 323 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $40,000. Finally, Elevation Wealth Partners LLC raised its position in SPDR Portfolio S&P 500 ETF by 52.4% in the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock worth $45,000 after purchasing an additional 197 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $81.11 on Monday. The firm has a market capitalization of $96.52 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The business’s fifty day moving average price is $80.90 and its two-hundred day moving average price is $79.11. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $81.14.

About SPDR Portfolio S&P 500 ETF

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.