Stratos Investment Management LLC Has $2.57 Million Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Stratos Investment Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 492.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 37,284 shares of the company’s stock after acquiring an additional 30,988 shares during the quarter. Stratos Investment Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,570,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Blue Trust Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth $31,000. ORG Wealth Partners LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $33,000. Highline Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $36,000. West Branch Capital LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $41,000. Finally, Decker Retirement Planning Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $43,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.7 %

Shares of SPLG opened at $70.79 on Wednesday. The stock’s 50-day moving average price is $70.33 and its 200 day moving average price is $67.86. The firm has a market capitalization of $41.28 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 12-month low of $57.67 and a 12-month high of $71.85.

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.