SK Wealth Management LLC Has $3.82 Million Holdings in SPDR Portfolio S&P 500 ETF $SPLG

SK Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 57.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 48,371 shares of the company’s stock after buying an additional 17,683 shares during the period. SPDR Portfolio S&P 500 ETF makes up 1.4% of SK Wealth Management LLC’s investment portfolio, making the stock its 17th largest holding. SK Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,819,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Roxbury Financial LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the second quarter worth $28,000. Clearstead Trust LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth $30,000. Retirement Wealth Solutions LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth $32,000. GPS Wealth Strategies Group LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 194.6% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock worth $36,000 after acquiring an additional 323 shares in the last quarter. Finally, GAMMA Investing LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at about $40,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $80.30 on Friday. The company has a market capitalization of $95.56 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $81.14. The company has a 50-day simple moving average of $79.49 and a two-hundred day simple moving average of $76.41.

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.