Vertex Planning Partners LLC Acquires 432,004 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Vertex Planning Partners LLC grew its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 89.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 913,782 shares of the company’s stock after purchasing an additional 432,004 shares during the period. SPDR Portfolio S&P 500 ETF makes up 13.9% of Vertex Planning Partners LLC’s portfolio, making the stock its biggest position. Vertex Planning Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $62,996,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Elevation Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $26,000. Hemington Wealth Management bought a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $30,000. Halbert Hargrove Global Advisors LLC bought a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $37,000. Comprehensive Financial Planning Inc. PA bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $39,000. Finally, Basso Capital Management L.P. bought a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $40,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.3 %

SPLG stock opened at $66.91 on Friday. The business has a 50 day moving average of $69.38 and a 200 day moving average of $69.02. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.09 and a twelve month high of $72.14. The firm has a market cap of $56.15 billion, a PE ratio of 24.69 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.