Arvest Investments Inc. Makes New Investment in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Arvest Investments Inc. purchased a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the 4th quarter, Holdings Channel reports. The fund purchased 21,985 shares of the company’s stock, valued at approximately $1,516,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Swmg LLC lifted its position in SPDR Portfolio S&P 500 ETF by 0.3% during the 4th quarter. Swmg LLC now owns 49,271 shares of the company’s stock worth $3,515,000 after buying an additional 144 shares in the last quarter. Integrity Wealth Solutions LLC lifted its position in SPDR Portfolio S&P 500 ETF by 0.5% during the 4th quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock worth $1,975,000 after buying an additional 145 shares in the last quarter. Key Financial Inc increased its stake in shares of SPDR Portfolio S&P 500 ETF by 1.6% during the 4th quarter. Key Financial Inc now owns 9,410 shares of the company’s stock worth $649,000 after purchasing an additional 146 shares during the last quarter. Guyasuta Investment Advisors Inc. increased its stake in shares of SPDR Portfolio S&P 500 ETF by 3.3% during the 4th quarter. Guyasuta Investment Advisors Inc. now owns 4,671 shares of the company’s stock worth $322,000 after purchasing an additional 148 shares during the last quarter. Finally, Sound Income Strategies LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 19.9% during the 4th quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock worth $64,000 after purchasing an additional 153 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPDR Portfolio S&P 500 ETF stock opened at $66.70 on Thursday. The firm has a market capitalization of $55.97 billion, a PE ratio of 24.69 and a beta of 1.01. The company’s 50-day moving average is $69.60 and its 200-day moving average is $68.95. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $58.09 and a fifty-two week high of $72.14.

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.