Prospect Financial Services LLC Purchases 20,264 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Prospect Financial Services LLC lifted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 316.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,659 shares of the company’s stock after acquiring an additional 20,264 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 1.2% of Prospect Financial Services LLC’s portfolio, making the stock its 24th biggest position. Prospect Financial Services LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,938,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Davies Financial Advisors Inc. acquired a new stake in SPDR Portfolio S&P 500 ETF during the second quarter worth approximately $1,211,000. Clearstead Trust LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $30,000. Brogan Financial Inc. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 4.7% during the 2nd quarter. Brogan Financial Inc. now owns 70,441 shares of the company’s stock worth $5,120,000 after buying an additional 3,162 shares in the last quarter. Thompson Davis & CO. Inc. grew its position in shares of SPDR Portfolio S&P 500 ETF by 27.1% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 12,010 shares of the company’s stock worth $873,000 after buying an additional 2,560 shares during the period. Finally, Good Life Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 9.9% in the 2nd quarter. Good Life Advisors LLC now owns 1,649,753 shares of the company’s stock valued at $119,921,000 after acquiring an additional 148,150 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.1%

SPDR Portfolio S&P 500 ETF stock opened at $80.38 on Friday. The company has a market capitalization of $95.66 billion, a PE ratio of 25.61 and a beta of 1.00. The firm’s fifty day moving average is $78.63 and its 200 day moving average is $74.26. SPDR Portfolio S&P 500 ETF has a 12-month low of $56.67 and a 12-month 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.