Western Wealth Management LLC Has $19.80 Million Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Western Wealth Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 8.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 354,223 shares of the company’s stock after buying an additional 27,157 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for about 1.4% of Western Wealth Management LLC’s holdings, making the stock its 9th biggest holding. Western Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $19,801,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. SOL Capital Management CO increased its holdings in SPDR Portfolio S&P 500 ETF by 21.3% in the 4th quarter. SOL Capital Management CO now owns 183,230 shares of the company’s stock worth $10,243,000 after purchasing an additional 32,235 shares in the last quarter. Raymond James & Associates increased its stake in shares of SPDR Portfolio S&P 500 ETF by 30.8% in the fourth quarter. Raymond James & Associates now owns 1,138,737 shares of the company’s stock valued at $63,655,000 after buying an additional 268,157 shares during the period. Goodman Financial Corp increased its stake in shares of SPDR Portfolio S&P 500 ETF by 1.5% in the third quarter. Goodman Financial Corp now owns 73,232 shares of the company’s stock valued at $3,681,000 after buying an additional 1,060 shares during the period. B. Riley Wealth Advisors Inc. increased its stake in shares of SPDR Portfolio S&P 500 ETF by 48.0% in the third quarter. B. Riley Wealth Advisors Inc. now owns 28,120 shares of the company’s stock valued at $1,413,000 after buying an additional 9,124 shares during the period. Finally, Access Financial Services Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $1,437,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock traded down $0.12 on Thursday, hitting $58.76. The company had a trading volume of 12,686,627 shares, compared to its average volume of 8,909,265. The firm has a market cap of $32.48 billion, a P/E ratio of 25.72 and a beta of 1.00. The stock’s 50-day moving average is $60.11 and its two-hundred day moving average is $55.95. SPDR Portfolio S&P 500 ETF has a twelve month low of $47.48 and a twelve month high of $61.69.

SPDR Portfolio S&P 500 ETF Company 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.