Acorn Wealth Advisors LLC Makes New Investment in SPDR Portfolio S&P 500 ETF $SPLG

Acorn Wealth Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 19,141 shares of the company’s stock, valued at approximately $1,391,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPLG. Roxbury Financial LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $28,000. Clearstead Trust LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the second quarter worth $30,000. Retirement Wealth Solutions LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $32,000. GPS Wealth Strategies Group LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 194.6% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after purchasing an additional 323 shares during the last quarter. Finally, Pacifica Partners Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $42,000.

SPDR Portfolio S&P 500 ETF Trading Up 0.2%

Shares of NYSEARCA SPLG opened at $80.66 on Tuesday. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $81.14. The stock has a fifty day simple moving average of $79.20 and a 200-day simple moving average of $75.77. The stock has a market capitalization of $95.99 billion, a PE ratio of 25.61 and a beta of 1.00.

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.