Richardson Financial Services Inc. Has $8.19 Million Position in SPDR Portfolio S&P 500 ETF $SPLG

Richardson Financial Services Inc. lifted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 104,516 shares of the company’s stock after buying an additional 11,392 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up 5.1% of Richardson Financial Services Inc.’s portfolio, making the stock its biggest position. Richardson Financial Services Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $8,188,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Clearstead Trust LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the second quarter worth about $30,000. GPS Wealth Strategies Group LLC grew 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 last quarter. GAMMA Investing LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $40,000. Pacifica Partners Inc. acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $42,000. Finally, Elevation Wealth Partners LLC lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 52.4% in the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock worth $45,000 after purchasing an additional 197 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA:SPLG opened at $81.44 on Friday. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month high of $81.14. The firm has a market capitalization of $96.92 billion, a P/E ratio of 25.61 and a beta of 1.00. The business has a 50 day simple moving average of $80.19 and a 200 day simple moving average of $77.79.

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. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.