Geneos Wealth Management Inc. Increases Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Geneos Wealth Management Inc. grew its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 298,308 shares of the company’s stock after buying an additional 18,329 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 0.7% of Geneos Wealth Management Inc.’s portfolio, making the stock its 22nd biggest position. Geneos Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $20,565,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in SPLG. Financial Futures Ltd Liability Co. increased its stake in SPDR Portfolio S&P 500 ETF by 3.6% in the third quarter. Financial Futures Ltd Liability Co. now owns 233,519 shares of the company’s stock valued at $15,765,000 after acquiring an additional 8,212 shares during the last quarter. Barclays PLC lifted its stake in SPDR Portfolio S&P 500 ETF by 170.0% during the third quarter. Barclays PLC now owns 1,350 shares of the company’s stock worth $91,000 after purchasing an additional 850 shares during the last quarter. Continuum Advisory LLC boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.5% in the 3rd quarter. Continuum Advisory LLC now owns 129,586 shares of the company’s stock worth $9,044,000 after purchasing an additional 1,924 shares in the last quarter. Kingsview Wealth Management LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 2.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 115,302 shares of the company’s stock valued at $7,784,000 after purchasing an additional 2,404 shares during the last quarter. Finally, Bleakley Financial Group LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 5.2% during the 3rd quarter. Bleakley Financial Group LLC now owns 18,669 shares of the company’s stock valued at $1,260,000 after buying an additional 926 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA:SPLG opened at $71.51 on Friday. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.80 and a 1-year high of $71.85. The business has a 50 day moving average of $70.20 and a 200 day moving average of $67.62. The company has a market capitalization of $41.70 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.