Tortoise Investment Management LLC Purchases 11,004 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Tortoise Investment Management LLC increased its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 10.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 117,973 shares of the company’s stock after buying an additional 11,004 shares during the period. Tortoise Investment Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $9,242,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Clearstead Trust LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the second quarter valued at $30,000. Center for Financial Planning Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $37,000. Heritage Wealth Advisors acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth about $38,000. GAMMA Investing LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at about $40,000. Finally, Elevation Wealth Partners LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 52.4% in the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock valued at $45,000 after purchasing an additional 197 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPLG opened at $79.67 on Thursday. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $81.14. The company has a market capitalization of $94.81 billion, a P/E ratio of 25.61 and a beta of 1.00. The company has a 50-day simple moving average of $80.88 and a 200 day simple moving average of $79.55.

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.