Perennial Investment Advisors LLC Raises Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Perennial Investment Advisors LLC boosted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 365.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,459 shares of the company’s stock after purchasing an additional 72,592 shares during the period. Perennial Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,374,000 as of its most recent SEC filing.

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

SPDR Portfolio S&P 500 ETF Trading Down 6.0 %

SPDR Portfolio S&P 500 ETF stock opened at $59.45 on Friday. The business’s 50 day simple moving average is $68.58 and its 200 day simple moving average is $68.98. SPDR Portfolio S&P 500 ETF has a 12 month low of $58.09 and a 12 month high of $72.14. The company has a market cap of $53.66 billion, a price-to-earnings ratio of 24.63 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were given a dividend of $0.2174 per share. 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.