SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Stake Lessened by RWA Wealth Partners LLC

RWA Wealth Partners LLC trimmed its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 64.3% during the fourth quarter, HoldingsChannel reports. The fund owned 6,430 shares of the company’s stock after selling 11,606 shares during the quarter. RWA Wealth Partners LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $443,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Tucker Asset Management LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 570.5% during the 4th quarter. Tucker Asset Management LLC now owns 1,180 shares of the company’s stock worth $81,000 after buying an additional 1,004 shares during the last quarter. Transamerica Financial Advisors Inc. lifted its stake in SPDR Portfolio S&P 500 ETF by 4.6% during the fourth quarter. Transamerica Financial Advisors Inc. now owns 122,031 shares of the company’s stock worth $8,413,000 after purchasing an additional 5,332 shares during the last quarter. WealthTrak Capital Management LLC acquired a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter worth $14,530,000. Hobbs Group Advisors LLC bought a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $9,946,000. Finally, RiverFront Investment Group LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 2.1% during the fourth quarter. RiverFront Investment Group LLC now owns 1,219,301 shares of the company’s stock worth $84,059,000 after purchasing an additional 24,958 shares during the period.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA SPLG opened at $65.99 on Wednesday. SPDR Portfolio S&P 500 ETF has a one year low of $58.09 and a one year high of $72.14. The company has a 50-day simple moving average of $69.09 and a 200-day simple moving average of $69.08. The firm has a market capitalization of $59.56 billion, a PE ratio of 24.63 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 28th were paid a $0.2174 dividend. The ex-dividend date of this dividend was Friday, March 28th.

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.