Golden State Equity Partners Has $9.19 Million Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Golden State Equity Partners increased its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 8.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 136,148 shares of the company’s stock after acquiring an additional 10,401 shares during the quarter. SPDR Portfolio S&P 500 ETF accounts for about 2.0% of Golden State Equity Partners’ investment portfolio, making the stock its 5th biggest holding. Golden State Equity Partners’ holdings in SPDR Portfolio S&P 500 ETF were worth $9,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Miracle Mile Advisors LLC bought a new position in SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $272,000. SeaCrest Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 ETF during the first quarter valued at $204,000. Cornerstone Wealth Management LLC increased its holdings in SPDR Portfolio S&P 500 ETF by 0.3% in the 1st quarter. Cornerstone Wealth Management LLC now owns 541,593 shares of the company’s stock valued at $33,324,000 after acquiring an additional 1,504 shares during the last quarter. First Trust Direct Indexing L.P. boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 12.2% during the 1st quarter. First Trust Direct Indexing L.P. now owns 36,657 shares of the company’s stock valued at $2,255,000 after purchasing an additional 3,982 shares during the last quarter. Finally, Tempus Wealth Planning LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 250.3% during the first quarter. Tempus Wealth Planning LLC now owns 15,100 shares of the company’s stock valued at $929,000 after purchasing an additional 10,789 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG traded down $0.26 during mid-day trading on Wednesday, hitting $68.17. 110,474 shares of the stock were exchanged, compared to its average volume of 7,135,363. The company has a market cap of $39.75 billion, a PE ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a 52-week low of $48.72 and a 52-week high of $68.93. The firm has a 50-day moving average of $66.80 and a two-hundred day moving average of $64.20.

SPDR Portfolio S&P 500 ETF 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.