SPDR Portfolio S&P 500 ETF $SPLG is Aldebaran Financial Inc.’s 8th Largest Position

Aldebaran Financial Inc. boosted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 18.2% in the third quarter, Holdings Channel reports. The fund owned 53,162 shares of the company’s stock after purchasing an additional 8,202 shares during the period. SPDR Portfolio S&P 500 ETF accounts for about 4.2% of Aldebaran Financial Inc.’s portfolio, making the stock its 8th biggest position. Aldebaran Financial Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $4,165,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Center for Financial Planning Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $37,000. Heritage Wealth Advisors purchased a new position in SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at about $38,000. GAMMA Investing LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $40,000. Wealth Watch Advisors INC acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter worth $43,000. Finally, Elevation Wealth Partners LLC raised its stake in 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 last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 1.0%

SPLG stock opened at $78.52 on Wednesday. The stock has a market capitalization of $93.44 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The stock’s fifty day simple moving average is $80.73 and its 200-day simple moving average is $79.65. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $81.14.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.