Accelerate Investment Advisors LLC Has $16.94 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Accelerate Investment Advisors LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 2.6% in the 4th quarter, HoldingsChannel reports. The fund owned 245,742 shares of the company’s stock after purchasing an additional 6,196 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up 14.9% of Accelerate Investment Advisors LLC’s investment portfolio, making the stock its largest position. Accelerate Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $16,941,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Summit Financial Strategies Inc. raised its position in shares of SPDR Portfolio S&P 500 ETF by 1.8% in the third quarter. Summit Financial Strategies Inc. now owns 8,790 shares of the company’s stock valued at $593,000 after buying an additional 155 shares in the last quarter. My Personal CFO LLC raised its position in SPDR Portfolio S&P 500 ETF by 0.5% during the third quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock valued at $2,086,000 after purchasing an additional 158 shares in the last quarter. Sigma Planning Corp raised its position in SPDR Portfolio S&P 500 ETF by 0.7% during the third quarter. Sigma Planning Corp now owns 24,240 shares of the company’s stock valued at $1,636,000 after purchasing an additional 170 shares in the last quarter. Invst LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 1.5% during the second quarter. Invst LLC now owns 11,961 shares of the company’s stock worth $767,000 after buying an additional 172 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 4.9% during the third quarter. Main Street Financial Solutions LLC now owns 3,746 shares of the company’s stock worth $253,000 after buying an additional 175 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.1 %

Shares of NYSEARCA SPLG traded down $0.06 during midday trading on Monday, reaching $68.24. 5,638,798 shares of the company were exchanged, compared to its average volume of 7,629,165. The stock’s 50-day moving average price is $70.04 and its 200-day moving average price is $67.27. The stock has a market cap of $39.79 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $55.26 and a one year high of $71.64.

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.