Davidson Capital Management Inc. Has $46.30 Million Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Davidson Capital Management Inc. decreased its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 6.3% during the second quarter, HoldingsChannel reports. The firm owned 723,466 shares of the company’s stock after selling 49,047 shares during the quarter. SPDR Portfolio S&P 500 ETF comprises approximately 14.3% of Davidson Capital Management Inc.’s holdings, making the stock its 3rd biggest position. Davidson Capital Management Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $46,302,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Hofer & Associates. Inc raised its holdings in SPDR Portfolio S&P 500 ETF by 1.2% in the 2nd quarter. Hofer & Associates. Inc now owns 13,457 shares of the company’s stock worth $861,000 after acquiring an additional 166 shares during the period. Narus Financial Partners LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 0.7% in the second quarter. Narus Financial Partners LLC now owns 24,955 shares of the company’s stock valued at $1,597,000 after purchasing an additional 167 shares during the last quarter. Crew Capital Management Ltd. increased its stake in shares of SPDR Portfolio S&P 500 ETF by 1.2% in the second quarter. Crew Capital Management Ltd. now owns 14,160 shares of the company’s stock worth $906,000 after purchasing an additional 172 shares during the period. Defined Wealth Management LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 3.4% in the second quarter. Defined Wealth Management LLC now owns 5,498 shares of the company’s stock worth $352,000 after purchasing an additional 179 shares during the period. Finally, Northwest Capital Management Inc lifted its position in shares of SPDR Portfolio S&P 500 ETF by 0.8% during the 1st quarter. Northwest Capital Management Inc now owns 22,580 shares of the company’s stock worth $1,389,000 after purchasing an additional 180 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Up 1.7 %

SPLG opened at $67.17 on Friday. SPDR Portfolio S&P 500 ETF has a 12-month low of $48.13 and a 12-month high of $67.39. The firm has a market capitalization of $39.17 billion, a P/E ratio of 26.64 and a beta of 1.00. The stock’s 50 day moving average price is $64.74 and its two-hundred day moving average price is $62.80.

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.