SPC Financial Inc. Purchases 16,919 Shares of SPDR Portfolio S&P 500 ETF $SPLG

SPC Financial Inc. raised its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 5.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 322,779 shares of the company’s stock after acquiring an additional 16,919 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up approximately 2.0% of SPC Financial Inc.’s portfolio, making the stock its 17th biggest position. SPC Financial Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $25,287,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of SPLG. Collier Financial purchased a new position in SPDR Portfolio S&P 500 ETF in the third quarter valued at $1,625,000. Financial Guidance Group Inc. lifted its holdings in SPDR Portfolio S&P 500 ETF by 14.8% in the third quarter. Financial Guidance Group Inc. now owns 70,468 shares of the company’s stock valued at $5,520,000 after acquiring an additional 9,108 shares during the last quarter. Fullcircle Wealth LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 11.8% during the 3rd quarter. Fullcircle Wealth LLC now owns 29,616 shares of the company’s stock worth $2,353,000 after purchasing an additional 3,116 shares during the period. MCF Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the third quarter valued at approximately $69,000. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the third quarter worth about $579,000.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $81.27 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 company has a market capitalization of $96.72 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The firm’s fifty day moving average price is $80.84 and its 200 day moving average price is $78.63.

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