Ridgeline Wealth LLC Sells 1,225 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Ridgeline Wealth LLC lessened its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 218,867 shares of the company’s stock after selling 1,225 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 12.2% of Ridgeline Wealth LLC’s holdings, making the stock its 2nd largest holding. Ridgeline Wealth LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $14,393,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. American Century Companies Inc. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 6.4% in the 4th quarter. American Century Companies Inc. now owns 320,300 shares of the company’s stock valued at $22,081,000 after purchasing an additional 19,200 shares during the period. MN Wealth Advisors LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 7.0% in the 4th quarter. MN Wealth Advisors LLC now owns 29,869 shares of the company’s stock valued at $2,059,000 after purchasing an additional 1,960 shares during the period. Shepherd Financial Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 5.3% in the 4th quarter. Shepherd Financial Partners LLC now owns 93,323 shares of the company’s stock valued at $6,434,000 after purchasing an additional 4,676 shares during the period. Hobbs Group Advisors LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $9,946,000. Finally, Keybank National Association OH acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $211,000.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG opened at $70.47 on Friday. The business’s 50-day moving average price is $65.78 and its two-hundred day moving average price is $68.28. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $72.14. The company has a market capitalization of $68.49 billion, a price-to-earnings ratio of 24.62 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF 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.