SPDR Portfolio S&P 500 ETF $SPLG is Ridgeline Wealth Planning LLC’s Largest Position

Ridgeline Wealth Planning LLC boosted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 457,590 shares of the company’s stock after acquiring an additional 38,004 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 27.4% of Ridgeline Wealth Planning LLC’s investment portfolio, making the stock its biggest position. Ridgeline Wealth Planning LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $33,262,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Consolidated Planning Corp raised its stake in SPDR Portfolio S&P 500 ETF by 2.3% during the second quarter. Consolidated Planning Corp now owns 6,079 shares of the company’s stock valued at $442,000 after buying an additional 137 shares in the last quarter. Capital Planning Advisors LLC raised its stake in SPDR Portfolio S&P 500 ETF by 1.6% during the first quarter. Capital Planning Advisors LLC now owns 9,613 shares of the company’s stock valued at $632,000 after buying an additional 153 shares in the last quarter. Colonial River Investments LLC raised its stake in SPDR Portfolio S&P 500 ETF by 2.7% during the first quarter. Colonial River Investments LLC now owns 5,998 shares of the company’s stock valued at $394,000 after buying an additional 159 shares in the last quarter. Financial Management Network Inc. raised its stake in SPDR Portfolio S&P 500 ETF by 1.1% during the second quarter. Financial Management Network Inc. now owns 15,282 shares of the company’s stock valued at $1,124,000 after buying an additional 161 shares in the last quarter. Finally, GK Wealth Management LLC raised its stake in SPDR Portfolio S&P 500 ETF by 1.9% during the first quarter. GK Wealth Management LLC now owns 8,967 shares of the company’s stock valued at $590,000 after buying an additional 163 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.3%

Shares of NYSEARCA SPLG opened at $78.96 on Friday. The stock’s 50 day moving average price is $76.63 and its two-hundred day moving average price is $71.41. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $79.28. The stock has a market capitalization of $88.85 billion, a P/E ratio of 25.61 and a beta of 1.00.

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.