Rialto Wealth Management LLC Makes New $102,000 Investment in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Rialto Wealth Management LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,475 shares of the company’s stock, valued at approximately $102,000.

A number of other hedge funds and other institutional investors have also modified their holdings of SPLG. Swmg LLC grew its position in SPDR Portfolio S&P 500 ETF by 0.3% in the 4th quarter. Swmg LLC now owns 49,271 shares of the company’s stock valued at $3,515,000 after buying an additional 144 shares in the last quarter. Integrity Wealth Solutions LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.5% in the 4th quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock worth $1,975,000 after acquiring an additional 145 shares during the period. Key Financial Inc boosted its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.6% in the fourth quarter. Key Financial Inc now owns 9,410 shares of the company’s stock valued at $649,000 after acquiring an additional 146 shares in the last quarter. Guyasuta Investment Advisors Inc. increased its stake in shares of SPDR Portfolio S&P 500 ETF by 3.3% during the fourth quarter. Guyasuta Investment Advisors Inc. now owns 4,671 shares of the company’s stock valued at $322,000 after acquiring an additional 148 shares during the period. Finally, Sound Income Strategies LLC raised its holdings in SPDR Portfolio S&P 500 ETF by 19.9% during the fourth quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock worth $64,000 after purchasing an additional 153 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Price Performance

SPLG opened at $67.75 on Friday. SPDR Portfolio S&P 500 ETF has a 1-year low of $58.08 and a 1-year high of $72.14. The company has a market capitalization of $56.26 billion, a price-to-earnings ratio of 26.92 and a beta of 1.01. The business has a 50 day moving average price of $70.13 and a two-hundred day moving average price of $68.95.

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.