United Capital Financial Advisors LLC Has $850,000 Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

United Capital Financial Advisors LLC grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 12,334 shares of the company’s stock after purchasing an additional 185 shares during the quarter. United Capital Financial Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $850,000 at the end of the most recent reporting period.

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

SPDR Portfolio S&P 500 ETF Trading Up 0.1 %

NYSEARCA:SPLG opened at $61.92 on Friday. The stock’s 50-day moving average is $66.38 and its 200-day moving average is $68.54. The stock has a market cap of $57.12 billion, a P/E ratio of 23.41 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $72.14.

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.