Arete Wealth Advisors LLC Increases Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Arete Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 60.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 81,164 shares of the company’s stock after acquiring an additional 30,640 shares during the period. Arete Wealth Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $5,602,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Elevation Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $26,000. Hemington Wealth Management purchased a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $30,000. Halbert Hargrove Global Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $37,000. Comprehensive Financial Planning Inc. PA purchased a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $39,000. Finally, Basso Capital Management L.P. purchased a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $40,000.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG stock opened at $66.39 on Thursday. The firm’s 50-day simple moving average is $69.00 and its 200-day simple moving average is $69.06. SPDR Portfolio S&P 500 ETF has a 1-year low of $58.09 and a 1-year high of $72.14. The firm has a market cap of $59.92 billion, a P/E ratio of 24.63 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF Cuts Dividend

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

About SPDR Portfolio S&P 500 ETF

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.