Vermillion & White Wealth Management Group LLC Acquires 79,956 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Vermillion & White Wealth Management Group LLC grew its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 27,288.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 80,249 shares of the company’s stock after buying an additional 79,956 shares during the period. SPDR Portfolio S&P 500 ETF comprises about 4.1% of Vermillion & White Wealth Management Group LLC’s portfolio, making the stock its 5th biggest holding. Vermillion & White Wealth Management Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $5,532,000 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. Elevation Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter worth $26,000. Hemington Wealth Management bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $30,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $37,000. Clarity Asset Management Inc. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $38,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $39,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPLG opened at $69.90 on Monday. The business has a fifty day moving average of $64.90 and a two-hundred day moving average of $68.25. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $72.14. The stock has a market cap of $64.48 billion, a PE ratio of 24.62 and a beta of 1.01.

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.