RiverFront Investment Group LLC Grows Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

RiverFront Investment Group LLC boosted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,165,661 shares of the company’s stock after buying an additional 10,625 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up about 2.0% of RiverFront Investment Group LLC’s holdings, making the stock its 15th largest position. RiverFront Investment Group LLC owned 0.20% of SPDR Portfolio S&P 500 ETF worth $74,602,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Stifel Financial Corp increased its holdings in shares of SPDR Portfolio S&P 500 ETF by 69.5% in the 4th quarter. Stifel Financial Corp now owns 210,793 shares of the company’s stock valued at $11,783,000 after acquiring an additional 86,450 shares during the last quarter. Jones Financial Companies Lllp purchased a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $272,000. Belpointe Asset Management LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 94.8% during the fourth quarter. Belpointe Asset Management LLC now owns 13,453 shares of the company’s stock worth $752,000 after purchasing an additional 6,548 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of SPDR Portfolio S&P 500 ETF by 97.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,542,711 shares of the company’s stock worth $86,238,000 after buying an additional 759,583 shares during the last quarter. Finally, 360 Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $405,000.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA SPLG opened at $66.88 on Wednesday. The firm’s fifty day moving average price is $65.01 and its 200 day moving average price is $63.22. SPDR Portfolio S&P 500 ETF has a 12 month low of $48.13 and a 12 month high of $67.58. The company has a market capitalization of $39.00 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00.

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.