BlackDiamond Wealth Management LLC Purchases 783 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

BlackDiamond Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,555 shares of the company’s stock after acquiring an additional 783 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for about 3.8% of BlackDiamond Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. BlackDiamond Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,519,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in SPLG. Arrien Investments Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $19,306,000. Curio Wealth LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $41,000. Cassady Schiller Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 4,887.7% during the fourth quarter. Cassady Schiller Wealth Management LLC now owns 3,242 shares of the company’s stock worth $224,000 after acquiring an additional 3,177 shares during the last quarter. Signaturefd LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 9.2% during the fourth quarter. Signaturefd LLC now owns 2,131 shares of the company’s stock worth $147,000 after acquiring an additional 179 shares during the last quarter. Finally, Basso Capital Management L.P. purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $40,000.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPLG opened at $66.70 on Tuesday. The stock has a fifty day moving average price of $69.72 and a 200 day moving average price of $68.97. SPDR Portfolio S&P 500 ETF has a 1-year low of $58.09 and a 1-year high of $72.14. The company has a market cap of $55.97 billion, a PE ratio of 24.69 and a beta of 1.01.

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.