143,312 Shares in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Acquired by Collier Financial

Collier Financial acquired a new stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, HoldingsChannel reports. The firm acquired 143,312 shares of the company’s stock, valued at approximately $9,880,000. SPDR Portfolio S&P 500 ETF comprises about 8.8% of Collier Financial’s investment portfolio, making the stock its 4th largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPLG. Elevation Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $26,000. ORG Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth approximately $33,000. Blue Trust Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $31,000. Highline Wealth Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $36,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter worth $39,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.7 %

NYSEARCA SPLG opened at $71.15 on Tuesday. The business’s 50-day moving average price is $70.36 and its 200 day moving average price is $68.04. The firm has a market cap of $41.49 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $57.72 and a 52-week high of $71.85.

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.