Eagle Ridge Investment Management Acquires 29,804 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Eagle Ridge Investment Management boosted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 184.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 45,961 shares of the company’s stock after acquiring an additional 29,804 shares during the period. Eagle Ridge Investment Management’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,169,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Swmg LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.3% during the 4th quarter. Swmg LLC now owns 49,271 shares of the company’s stock worth $3,515,000 after purchasing an additional 144 shares during the last quarter. Integrity Wealth Solutions LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 0.5% in the fourth quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock worth $1,975,000 after purchasing an additional 145 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 19.9% during the fourth quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock valued at $64,000 after buying an additional 153 shares during the last quarter. Summit Financial Strategies Inc. boosted its stake in SPDR Portfolio S&P 500 ETF by 1.8% in the third quarter. Summit Financial Strategies Inc. now owns 8,790 shares of the company’s stock valued at $593,000 after acquiring an additional 155 shares in the last quarter. Finally, My Personal CFO LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 0.5% in the 3rd quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock worth $2,086,000 after purchasing an additional 158 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.3 %

SPLG opened at $71.33 on Friday. The company has a market cap of $41.60 billion, a P/E ratio of 26.64 and a beta of 1.00. The firm’s 50-day moving average price is $70.35 and its 200-day moving average price is $67.93. SPDR Portfolio S&P 500 ETF has a 52-week low of $57.72 and a 52-week high of $71.85.

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.