BlackDiamond Wealth Management LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 9.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 107,236 shares of the company’s stock after purchasing an additional 8,988 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 4.5% of BlackDiamond Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. BlackDiamond Wealth Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $7,791,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Roxbury Financial LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at approximately $28,000. Clearstead Trust LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth $30,000. Retirement Wealth Solutions LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth $32,000. GPS Wealth Strategies Group LLC increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 194.6% during the second quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after purchasing an additional 323 shares during the period. Finally, Pacifica Partners Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at about $42,000.
SPDR Portfolio S&P 500 ETF Stock Up 0.2%
SPLG stock opened at $80.66 on Friday. The company has a market capitalization of $95.99 billion, a P/E ratio of 25.61 and a beta of 1.00. The company has a 50-day simple moving average of $79.15 and a 200 day simple moving average of $75.63. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $81.14.
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.
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Want to see what other hedge funds are holding SPLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report).
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