SOL Capital Management CO Acquires 48,905 Shares of SPDR Portfolio S&P 500 ETF $SPLG

SOL Capital Management CO grew its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 8.5% during the third quarter, Holdings Channel.com reports. The firm owned 623,314 shares of the company’s stock after buying an additional 48,905 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for approximately 4.4% of SOL Capital Management CO’s portfolio, making the stock its biggest position. SOL Capital Management CO’s holdings in SPDR Portfolio S&P 500 ETF were worth $48,830,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Clearstead Trust LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth approximately $30,000. GPS Wealth Strategies Group LLC lifted its position in SPDR Portfolio S&P 500 ETF by 194.6% in the second quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock worth $36,000 after purchasing an additional 323 shares during the period. GAMMA Investing LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the third quarter worth approximately $40,000. Elevation Wealth Partners LLC boosted its stake in SPDR Portfolio S&P 500 ETF by 52.4% during the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock valued at $45,000 after purchasing an additional 197 shares in the last quarter. Finally, Pacifica Partners Inc. bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter worth $42,000.

SPDR Portfolio S&P 500 ETF Stock Up 0.2%

Shares of SPDR Portfolio S&P 500 ETF stock opened at $81.44 on Friday. The business has a fifty day simple moving average of $80.19 and a 200-day simple moving average of $77.79. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $81.14. The firm has a market cap of $96.92 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00.

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.