Richardson Financial Services Inc. Takes Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Richardson Financial Services Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 129,033 shares of the company’s stock, valued at approximately $7,213,000. SPDR Portfolio S&P 500 ETF comprises approximately 6.3% of Richardson Financial Services Inc.’s investment portfolio, making the stock its biggest position.

A number of other institutional investors have also made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio S&P 500 ETF by 94.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 8,405,094 shares of the company’s stock valued at $469,845,000 after acquiring an additional 4,080,428 shares during the period. Advance Capital Management Inc. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 200.6% in the fourth quarter. Advance Capital Management Inc. now owns 5,956,973 shares of the company’s stock valued at $332,995,000 after purchasing an additional 3,975,462 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 30.6% in the third quarter. JPMorgan Chase & Co. now owns 10,044,571 shares of the company’s stock valued at $504,862,000 after purchasing an additional 2,351,596 shares in the last quarter. 1900 Wealth Management LLC increased its stake in SPDR Portfolio S&P 500 ETF by 1,777.1% during the 4th quarter. 1900 Wealth Management LLC now owns 2,432,652 shares of the company’s stock worth $135,985,000 after buying an additional 2,303,056 shares during the period. Finally, LPL Financial LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 10.9% during the 3rd quarter. LPL Financial LLC now owns 22,823,121 shares of the company’s stock worth $1,147,090,000 after buying an additional 2,235,952 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 0.0 %

SPLG stock traded up $0.03 during midday trading on Friday, hitting $63.83. The company’s stock had a trading volume of 3,134,340 shares, compared to its average volume of 7,898,728. SPDR Portfolio S&P 500 ETF has a 52-week low of $48.13 and a 52-week high of $64.00. The firm has a 50-day simple moving average of $61.16 and a 200-day simple moving average of $58.95. The firm has a market capitalization of $37.22 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.