Strategic Financial Concepts LLC Has $72.31 Million Stock Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Strategic Financial Concepts LLC boosted its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1,358.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,129,871 shares of the company’s stock after purchasing an additional 1,052,416 shares during the quarter. Strategic Financial Concepts LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $72,312,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Westwind Capital bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $26,000. Evensky & Katz LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the 1st quarter valued at about $27,000. Harbor Investment Advisory LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 76.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 641 shares of the company’s stock valued at $39,000 after purchasing an additional 278 shares during the period. ESL Trust Services LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the 1st quarter worth approximately $40,000. Finally, ORG Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $41,000.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG opened at $63.55 on Friday. The firm has a market cap of $37.06 billion, a P/E ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a twelve month low of $48.13 and a twelve month high of $66.47. The firm’s 50 day moving average price is $64.63 and its two-hundred day moving average price is $62.43.

SPDR Portfolio S&P 500 ETF Company 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.