Renasant Bank Purchases 14,617 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Renasant Bank raised its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 140.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,032 shares of the company’s stock after purchasing an additional 14,617 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for about 1.1% of Renasant Bank’s investment portfolio, making the stock its 20th largest position. Renasant Bank’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,726,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Elevation Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $26,000. Hemington Wealth Management purchased a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $30,000. Halbert Hargrove Global Advisors LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $37,000. Comprehensive Financial Planning Inc. PA purchased a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter worth $39,000. Finally, West Branch Capital LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $41,000.

SPDR Portfolio S&P 500 ETF Stock Down 1.3 %

Shares of SPDR Portfolio S&P 500 ETF stock opened at $64.88 on Friday. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.08 and a twelve month high of $72.14. The business has a 50-day moving average price of $69.86 and a 200-day moving average price of $68.91. The firm has a market cap of $54.44 billion, a price-to-earnings 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.