Ridgeline Wealth Planning LLC Sells 14,117 Shares of SPDR Portfolio S&P 500 ETF $SPLG

Ridgeline Wealth Planning LLC trimmed its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 443,473 shares of the company’s stock after selling 14,117 shares during the period. SPDR Portfolio S&P 500 ETF comprises about 26.1% of Ridgeline Wealth Planning LLC’s holdings, making the stock its largest position. Ridgeline Wealth Planning LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $34,742,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Consolidated Planning Corp raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.3% in the 2nd quarter. Consolidated Planning Corp now owns 6,079 shares of the company’s stock worth $442,000 after acquiring an additional 137 shares during the last quarter. Westover Capital Advisors LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 0.4% during the 2nd quarter. Westover Capital Advisors LLC now owns 35,931 shares of the company’s stock valued at $2,612,000 after purchasing an additional 138 shares during the last quarter. Ranch Capital Advisors Inc. increased its holdings in SPDR Portfolio S&P 500 ETF by 0.7% during the 2nd quarter. Ranch Capital Advisors Inc. now owns 21,013 shares of the company’s stock worth $1,527,000 after purchasing an additional 143 shares in the last quarter. Spirepoint Private Client LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 0.7% during the 3rd quarter. Spirepoint Private Client LLC now owns 22,289 shares of the company’s stock worth $1,746,000 after purchasing an additional 144 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 3.3% in the second quarter. International Assets Investment Management LLC now owns 4,666 shares of the company’s stock worth $339,000 after purchasing an additional 149 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 0.1%

SPLG stock opened at $81.38 on Friday. The firm has a market capitalization of $96.85 billion, a PE ratio of 25.61 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $81.14. The stock’s 50 day moving average is $80.19 and its 200-day moving average is $77.83.

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.