RDA Financial Network Lowers Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

RDA Financial Network lessened its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 12.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,812 shares of the company’s stock after selling 5,738 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises 0.8% of RDA Financial Network’s portfolio, making the stock its 29th largest position. RDA Financial Network’s holdings in SPDR Portfolio S&P 500 ETF were worth $2,750,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Key Financial Inc grew its stake in shares of SPDR Portfolio S&P 500 ETF by 1.6% in the 4th quarter. Key Financial Inc now owns 9,410 shares of the company’s stock worth $649,000 after buying an additional 146 shares during the last quarter. Invst LLC lifted its position in SPDR Portfolio S&P 500 ETF by 1.2% in the 4th quarter. Invst LLC now owns 12,336 shares of the company’s stock valued at $850,000 after acquiring an additional 146 shares in the last quarter. Guyasuta Investment Advisors Inc. raised its stake in shares of SPDR Portfolio S&P 500 ETF by 3.3% in the fourth quarter. Guyasuta Investment Advisors Inc. now owns 4,671 shares of the company’s stock worth $322,000 after purchasing an additional 148 shares during the last quarter. Signaturefd LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 9.2% during the fourth quarter. Signaturefd LLC now owns 2,131 shares of the company’s stock valued at $147,000 after buying an additional 179 shares during the last quarter. Finally, Anchor Investment Management LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 1.4% in the 4th quarter. Anchor Investment Management LLC now owns 12,721 shares of the company’s stock worth $877,000 after buying an additional 180 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPLG opened at $70.47 on Friday. The business has a 50-day simple moving average of $65.78 and a two-hundred day simple moving average of $68.27. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $72.14. The firm has a market cap of $68.49 billion, a price-to-earnings ratio of 24.62 and a beta of 1.01.

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.