Vertex Planning Partners LLC Has $63 Million Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Vertex Planning Partners LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 89.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 913,782 shares of the company’s stock after acquiring an additional 432,004 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 13.9% of Vertex Planning Partners LLC’s holdings, making the stock its largest position. Vertex Planning Partners LLC owned about 0.16% of SPDR Portfolio S&P 500 ETF worth $62,996,000 as of its most recent SEC filing.

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

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $66.91 on Friday. The company has a market cap of $56.15 billion, a price-to-earnings ratio of 24.69 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 1 year low of $58.09 and a 1 year high of $72.14. The firm has a fifty day moving average price of $69.38 and a 200-day moving average price of $69.02.

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.