Stone Summit Wealth LLC Has $6.72 Million Stock Position in SPDR Portfolio S&P 500 ETF $SPLG

Stone Summit Wealth LLC boosted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 268.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,755 shares of the company’s stock after buying an additional 62,500 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up 1.9% of Stone Summit Wealth LLC’s holdings, making the stock its 15th biggest holding. Stone Summit Wealth LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,718,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Roxbury Financial LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth about $28,000. Clearstead Trust LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at approximately $30,000. Retirement Wealth Solutions LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at approximately $32,000. GPS Wealth Strategies Group LLC increased its position in SPDR Portfolio S&P 500 ETF by 194.6% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock worth $36,000 after purchasing an additional 323 shares in the last quarter. Finally, GAMMA Investing LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $40,000.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPLG opened at $80.39 on Monday. SPDR Portfolio S&P 500 ETF has a one year low of $56.67 and a one year high of $81.14. The company has a market cap of $95.67 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The firm has a 50 day simple moving average of $79.96 and a 200 day simple moving average of $77.19.

SPDR Portfolio S&P 500 ETF Company 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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.