E&G Advisors LP Raises Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

E&G Advisors LP lifted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,993 shares of the company’s stock after acquiring an additional 2,764 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for about 1.4% of E&G Advisors LP’s portfolio, making the stock its 14th largest position. E&G Advisors LP’s holdings in SPDR Portfolio S&P 500 ETF were worth $5,063,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Westwind Capital acquired a new stake in SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $26,000. ORG Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at approximately $33,000. Blue Trust Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $31,000. ORG Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth $41,000. Finally, Harbor Investment Advisory LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 76.6% during the first quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock worth $39,000 after purchasing an additional 278 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA:SPLG opened at $68.75 on Friday. SPDR Portfolio S&P 500 ETF has a 12 month low of $48.13 and a 12 month high of $68.93. The firm has a market capitalization of $40.09 billion, a PE ratio of 26.64 and a beta of 1.00. The business’s fifty day moving average price is $66.28 and its 200 day moving average price is $63.81.

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.