Jacobi Capital Management LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 2,107.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 146,355 shares of the company’s stock after purchasing an additional 139,724 shares during the period. SPDR Portfolio S&P 500 ETF comprises about 0.8% of Jacobi Capital Management LLC’s holdings, making the stock its 18th biggest position. Jacobi Capital Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,090,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Elevation Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $26,000. Hemington Wealth Management purchased a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $30,000. Blue Trust Inc. bought a new stake in SPDR Portfolio S&P 500 ETF in the third quarter worth $31,000. Comprehensive Financial Planning Inc. PA purchased a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth $39,000. Finally, West Branch Capital LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth $41,000.
SPDR Portfolio S&P 500 ETF Trading Up 1.5 %
Shares of SPLG opened at $69.89 on Friday. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.08 and a twelve month high of $72.14. The company’s fifty day simple moving average is $70.39 and its 200-day simple moving average is $68.81. The company has a market cap of $58.04 billion, a P/E ratio of 26.92 and a beta of 1.01.
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.
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Want to see what other hedge funds are holding SPLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report).
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