SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is Physician Wealth Advisors Inc.’s 2nd Largest Position

Physician Wealth Advisors Inc. lifted its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 725,565 shares of the company’s stock after buying an additional 7,576 shares during the period. SPDR Portfolio S&P 500 ETF accounts for approximately 8.5% of Physician Wealth Advisors Inc.’s portfolio, making the stock its 2nd largest holding. Physician Wealth Advisors Inc. owned approximately 0.12% of SPDR Portfolio S&P 500 ETF worth $50,020,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Elevation Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $26,000. Hemington Wealth Management acquired a new stake 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 during the fourth quarter worth about $37,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of 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 shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $40,000.

SPDR Portfolio S&P 500 ETF Stock Down 2.3 %

SPDR Portfolio S&P 500 ETF stock opened at $65.37 on Friday. The firm has a fifty day moving average of $69.28 and a 200-day moving average of $69.05. SPDR Portfolio S&P 500 ETF has a 52-week low of $58.09 and a 52-week high of $72.14. The firm has a market capitalization of $59.00 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 disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 28th will be given a $0.2174 dividend. The ex-dividend date is 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.