28,049 Shares in SPDR Portfolio S&P 500 ETF $SPLG Bought by Palumbo Wealth Management LLC

Palumbo Wealth Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 28,049 shares of the company’s stock, valued at approximately $2,197,000.

A number of other large investors have also recently bought and sold shares of SPLG. Westover Capital Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 0.4% during the 2nd quarter. Westover Capital Advisors LLC now owns 35,931 shares of the company’s stock worth $2,612,000 after acquiring an additional 138 shares during the period. Spirepoint Private Client LLC increased its stake in SPDR Portfolio S&P 500 ETF by 0.7% in the third quarter. Spirepoint Private Client LLC now owns 22,289 shares of the company’s stock valued at $1,746,000 after acquiring an additional 144 shares during the last quarter. Inscription Capital LLC raised its position in SPDR Portfolio S&P 500 ETF by 3.5% during the third quarter. Inscription Capital LLC now owns 4,263 shares of the company’s stock valued at $334,000 after purchasing an additional 146 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 20.2% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 898 shares of the company’s stock worth $65,000 after purchasing an additional 151 shares during the last quarter. Finally, PAX Financial Group LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 2.3% during the second quarter. PAX Financial Group LLC now owns 6,725 shares of the company’s stock worth $489,000 after purchasing an additional 152 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $81.11 on Tuesday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $81.14. The stock’s fifty day moving average price is $80.92 and its two-hundred day moving average price is $79.15. The company has a market cap of $96.52 billion, a PE ratio of 25.61 and a beta of 1.00.

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.