Rainier Family Wealth Inc. Has $11 Million Stake in SPDR Portfolio S&P 500 ETF $SPLG

Rainier Family Wealth Inc. increased its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 151,302 shares of the company’s stock after buying an additional 4,656 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 11.0% of Rainier Family Wealth Inc.’s holdings, making the stock its largest holding. Rainier Family Wealth Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,998,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. WealthShield Partners LLC lifted its position in SPDR Portfolio S&P 500 ETF by 4.3% in the first quarter. WealthShield Partners LLC now owns 28,946 shares of the company’s stock worth $1,904,000 after buying an additional 1,191 shares during the last quarter. Chemistry Wealth Management LLC increased its stake in SPDR Portfolio S&P 500 ETF by 7.5% in the first quarter. Chemistry Wealth Management LLC now owns 9,004 shares of the company’s stock worth $592,000 after purchasing an additional 628 shares during the period. Fiduciary Alliance LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter valued at $660,000. Advisors Capital Management LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 7.3% during the first quarter. Advisors Capital Management LLC now owns 6,848 shares of the company’s stock valued at $450,000 after buying an additional 468 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 10.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,951,291 shares of the company’s stock valued at $128,317,000 after buying an additional 187,585 shares during the period.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG opened at $77.85 on Friday. The business’s 50-day moving average is $75.88 and its two-hundred day moving average is $70.64. SPDR Portfolio S&P 500 ETF has a 1 year low of $56.67 and a 1 year high of $78.74. The firm has a market capitalization of $82.63 billion, a PE 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.