Ranch Capital Advisors Inc. Increases Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Ranch Capital Advisors Inc. increased its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,436 shares of the company’s stock after purchasing an additional 354 shares during the period. Ranch Capital Advisors Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,244,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Westwind Capital purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the second quarter worth about $26,000. Evensky & Katz LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 1st quarter valued at approximately $27,000. Harbor Investment Advisory LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 76.6% in the first quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock valued at $39,000 after purchasing an additional 278 shares in the last quarter. ESL Trust Services LLC bought a new stake in SPDR Portfolio S&P 500 ETF in the first quarter worth $40,000. Finally, ORG Partners LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the second quarter valued at $41,000.

SPDR Portfolio S&P 500 ETF Stock Up 1.7 %

SPLG stock opened at $67.17 on Friday. SPDR Portfolio S&P 500 ETF has a 52 week low of $48.13 and a 52 week high of $67.39. The firm has a market capitalization of $39.17 billion, a P/E ratio of 26.64 and a beta of 1.00. The company has a fifty day simple moving average of $64.74 and a two-hundred day simple moving average of $62.80.

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.