Austin Private Wealth LLC Buys 379,273 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Austin Private Wealth LLC raised its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 19.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,369,013 shares of the company’s stock after purchasing an additional 379,273 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 16.7% of Austin Private Wealth LLC’s portfolio, making the stock its biggest position. Austin Private Wealth LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $132,428,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC grew its stake in SPDR Portfolio S&P 500 ETF by 100.0% in the 3rd quarter. Barclays PLC now owns 500 shares of the company’s stock worth $25,000 after acquiring an additional 250 shares during the period. Venturi Wealth Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth $31,000. Carolinas Wealth Consulting LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the first quarter valued at $37,000. VisionPoint Advisory Group LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the second quarter valued at $39,000. Finally, Resurgent Financial Advisors LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the second quarter worth about $45,000.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG opened at $61.51 on Friday. SPDR Portfolio S&P 500 ETF has a 1 year low of $46.88 and a 1 year high of $61.69. The company’s 50 day simple moving average is $59.26 and its 200 day simple moving average is $55.03. The stock has a market capitalization of $22.69 billion, a PE ratio of 16.41 and a beta of 1.00.

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.