Eagle Ridge Investment Management Takes $1.09 Million Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Eagle Ridge Investment Management acquired a new position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,157 shares of the company’s stock, valued at approximately $1,091,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPLG. Westwind Capital bought a new position in shares of SPDR Portfolio S&P 500 ETF in the second quarter valued at approximately $26,000. Blue Trust Inc. acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at $31,000. ORG Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $33,000. ESL Trust Services LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF in the first quarter valued at $40,000. Finally, ORG Partners LLC bought a new position in SPDR Portfolio S&P 500 ETF during the second quarter valued at about $41,000.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG opened at $68.13 on Friday. The firm’s 50 day moving average is $66.64 and its 200-day moving average is $64.00. SPDR Portfolio S&P 500 ETF has a 12-month low of $48.13 and a 12-month high of $68.93. The stock has a market capitalization of $39.73 billion, a P/E ratio of 26.64 and a beta of 1.00.

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.