Ranch Capital Advisors Inc. Has $1.53 Million Stock Holdings in SPDR Portfolio S&P 500 ETF $SPLG

Ranch Capital Advisors Inc. lifted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.7% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 21,013 shares of the company’s stock after buying an additional 143 shares during the quarter. Ranch Capital Advisors Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,527,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. LPL Financial LLC raised its stake in SPDR Portfolio S&P 500 ETF by 6.7% in the 1st quarter. LPL Financial LLC now owns 41,960,691 shares of the company’s stock worth $2,759,335,000 after purchasing an additional 2,643,842 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of SPDR Portfolio S&P 500 ETF by 99.4% in the 1st quarter. Jones Financial Companies Lllp now owns 31,074,010 shares of the company’s stock valued at $2,031,308,000 after buying an additional 15,489,573 shares in the last quarter. USS Investment Management Ltd acquired a new position in shares of SPDR Portfolio S&P 500 ETF in the 1st quarter valued at approximately $1,394,006,000. Invesco Ltd. raised its position in shares of SPDR Portfolio S&P 500 ETF by 5.0% in the 1st quarter. Invesco Ltd. now owns 16,237,931 shares of the company’s stock valued at $1,067,806,000 after buying an additional 773,953 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in SPDR Portfolio S&P 500 ETF by 10.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 14,260,404 shares of the company’s stock worth $937,764,000 after purchasing an additional 1,335,809 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG opened at $79.67 on Friday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $56.67 and a fifty-two week high of $79.82. The firm has a market capitalization of $94.19 billion, a price-to-earnings ratio of 25.61 and a beta of 1.00. The company’s 50 day moving average price is $77.41 and its two-hundred day moving average price is $72.48.

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.