Belpointe Asset Management LLC Increases Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Belpointe Asset Management LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 32.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 158,994 shares of the company’s stock after buying an additional 39,346 shares during the period. Belpointe Asset Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $11,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Consolidated Planning Corp grew its position in SPDR Portfolio S&P 500 ETF by 2.3% during the second quarter. Consolidated Planning Corp now owns 6,079 shares of the company’s stock worth $442,000 after buying an additional 137 shares in the last quarter. Capital Planning Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.6% in the 1st quarter. Capital Planning Advisors LLC now owns 9,613 shares of the company’s stock worth $632,000 after acquiring an additional 153 shares during the last quarter. Colonial River Investments LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 2.7% in the first quarter. Colonial River Investments LLC now owns 5,998 shares of the company’s stock worth $394,000 after purchasing an additional 159 shares during the last quarter. Financial Management Network Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF by 1.1% during the 2nd quarter. Financial Management Network Inc. now owns 15,282 shares of the company’s stock valued at $1,124,000 after acquiring an additional 161 shares during the period. Finally, GK Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.9% in the first quarter. GK Wealth Management LLC now owns 8,967 shares of the company’s stock worth $590,000 after purchasing an additional 163 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.0%

Shares of SPLG stock opened at $78.73 on Monday. The stock has a fifty day moving average of $76.28 and a 200 day moving average of $71.13. The firm has a market capitalization of $87.22 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52 week low of $56.67 and a 52 week high of $79.13.

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.