Redwood Financial Network Corp Raises Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Redwood Financial Network Corp lifted its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLGFree Report) by 6.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,401 shares of the company’s stock after buying an additional 1,255 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up 1.1% of Redwood Financial Network Corp’s investment portfolio, making the stock its 26th largest position. Redwood Financial Network Corp’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,025,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Orion Portfolio Solutions LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.4% during the second quarter. Orion Portfolio Solutions LLC now owns 15,483 shares of the company’s stock worth $8,323,000 after buying an additional 212 shares in the last quarter. Emerald Advisors LLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.8% during the third quarter. Emerald Advisors LLC now owns 8,073 shares of the company’s stock worth $406,000 after buying an additional 222 shares in the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.8% during the second quarter. J.W. Cole Advisors Inc. now owns 12,649 shares of the company’s stock worth $659,000 after buying an additional 228 shares in the last quarter. Barclays PLC grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 100.0% during the third quarter. Barclays PLC now owns 500 shares of the company’s stock worth $25,000 after buying an additional 250 shares in the last quarter. Finally, Inspire Advisors LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 4.2% in the second quarter. Inspire Advisors LLC now owns 6,415 shares of the company’s stock valued at $334,000 after purchasing an additional 259 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

SPDR Portfolio S&P 500 ETF stock traded down $0.43 during trading on Monday, reaching $57.72. The company had a trading volume of 2,326,260 shares, compared to its average volume of 7,466,638. SPDR Portfolio S&P 500 ETF has a 12-month low of $44.75 and a 12-month high of $58.35. The stock’s 50 day moving average price is $55.60 and its two-hundred day moving average price is $53.09. The firm has a market capitalization of $21.29 billion, a price-to-earnings ratio of 16.41 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

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