MFG Wealth Management Inc. Increases Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

MFG Wealth Management Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,390 shares of the company’s stock after purchasing an additional 707 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 2.3% of MFG Wealth Management Inc.’s investment portfolio, making the stock its 12th largest holding. MFG Wealth Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,459,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its stake in SPDR Portfolio S&P 500 ETF by 14,332.4% in the fourth quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after acquiring an additional 15,476,455 shares during the last quarter. Raymond James Financial Inc. purchased a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $269,842,000. LPL Financial LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 10.4% during the fourth quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock valued at $2,710,503,000 after purchasing an additional 3,697,646 shares during the period. NorthRock Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter worth $222,015,000. Finally, Independent Advisor Alliance raised its stake in shares of SPDR Portfolio S&P 500 ETF by 2,019.1% in the fourth quarter. Independent Advisor Alliance now owns 3,066,946 shares of the company’s stock valued at $211,435,000 after buying an additional 2,922,219 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Up 0.1%

Shares of NYSEARCA:SPLG opened at $71.63 on Thursday. The company has a 50-day moving average price of $68.05 and a two-hundred day moving average price of $68.29. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $72.14. The firm has a market capitalization of $71.29 billion, a PE ratio of 25.31 and a beta of 1.01.

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.