Strategic Financial Partners Ltd. Acquires 98,576 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Strategic Financial Partners Ltd. grew its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 19.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 593,185 shares of the company’s stock after purchasing an additional 98,576 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 20.0% of Strategic Financial Partners Ltd.’s portfolio, making the stock its biggest holding. Strategic Financial Partners Ltd. owned approximately 0.06% of SPDR Portfolio S&P 500 ETF worth $43,119,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. WealthShield Partners LLC grew its position in SPDR Portfolio S&P 500 ETF by 4.3% during the first quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock worth $1,904,000 after buying an additional 1,191 shares in the last quarter. Advisors Capital Management LLC grew its position in SPDR Portfolio S&P 500 ETF by 7.3% during the first quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock worth $450,000 after buying an additional 468 shares in the last quarter. Fiduciary Alliance LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the second quarter worth about $660,000. Fortitude Financial LLC grew its position in SPDR Portfolio S&P 500 ETF by 101.7% during the first quarter. Fortitude Financial LLC now owns 436,977 shares of the company’s stock worth $28,736,000 after buying an additional 220,281 shares in the last quarter. Finally, Foundations Investment Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 0.9% during the first quarter. Foundations Investment Advisors LLC now owns 48,482 shares of the company’s stock valued at $3,188,000 after purchasing an additional 446 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Trading Down 1.2%

NYSEARCA SPLG opened at $79.45 on Thursday. The stock’s 50 day moving average is $78.18 and its two-hundred day moving average is $73.63. The company has a market capitalization of $94.55 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 1-year low of $56.67 and a 1-year high of $81.14.

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.