Patten Group Inc. Increases Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Patten Group Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,717 shares of the company’s stock after purchasing an additional 485 shares during the quarter. Patten Group Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $325,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in SPLG. Elevation Wealth Partners LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $26,000. Hemington Wealth Management acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $30,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $37,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $39,000. Finally, West Branch Capital LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $41,000.

SPDR Portfolio S&P 500 ETF Stock Down 1.2 %

Shares of SPLG stock opened at $67.87 on Wednesday. The stock has a market capitalization of $56.36 billion, a PE ratio of 26.92 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.08 and a 52-week high of $72.14. The stock’s 50-day moving average price is $70.30 and its 200 day moving average price is $68.92.

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.