Range Financial Group LLC Lowers Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Range Financial Group LLC cut its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 96,394 shares of the company’s stock after selling 180 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for 2.8% of Range Financial Group LLC’s holdings, making the stock its 3rd largest position. Range Financial Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,339,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SPLG. Ironwood Wealth Management LLC. bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $395,000. Brighton Jones LLC bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $311,000. Choreo LLC bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $219,000. Moloney Securities Asset Management LLC increased its stake in SPDR Portfolio S&P 500 ETF by 8.0% in the fourth quarter. Moloney Securities Asset Management LLC now owns 93,518 shares of the company’s stock valued at $6,447,000 after acquiring an additional 6,955 shares during the last quarter. Finally, O Brien Wealth Partners LLC increased its stake in SPDR Portfolio S&P 500 ETF by 13.9% in the fourth quarter. O Brien Wealth Partners LLC now owns 860,342 shares of the company’s stock valued at $59,312,000 after acquiring an additional 105,180 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPLG opened at $70.47 on Monday. The company’s 50 day simple moving average is $65.78 and its 200 day simple moving average is $68.26. The stock 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 has a 1 year low of $56.67 and a 1 year high of $72.14.

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.