Transamerica Financial Advisors Inc. Grows Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Transamerica Financial Advisors Inc. grew its stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 122,031 shares of the company’s stock after buying an additional 5,332 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 0.8% of Transamerica Financial Advisors Inc.’s holdings, making the stock its 21st biggest position. Transamerica Financial Advisors Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $8,413,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp boosted its position in SPDR Portfolio S&P 500 ETF by 14,332.4% in the fourth quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after buying an additional 15,476,455 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $269,842,000. LPL Financial LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 10.4% in the fourth quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock worth $2,710,503,000 after acquiring an additional 3,697,646 shares during the period. Independent Advisor Alliance raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 2,019.1% during the fourth quarter. Independent Advisor Alliance now owns 3,066,946 shares of the company’s stock worth $211,435,000 after purchasing an additional 2,922,219 shares during the last quarter. Finally, Natixis Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF by 200.4% during the fourth quarter. Natixis Advisors LLC now owns 3,179,840 shares of the company’s stock worth $219,218,000 after purchasing an additional 2,121,179 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

NYSEARCA:SPLG opened at $65.37 on Friday. The firm’s fifty day moving average is $69.28 and its two-hundred day moving average is $69.02. The firm has a market cap of $54.86 billion, a price-to-earnings ratio of 24.69 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a one year low of $58.09 and a one year high of $72.14.

SPDR Portfolio S&P 500 ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 28th will be paid a $0.2174 dividend. The ex-dividend date of this dividend is 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.