PAX Financial Group LLC Increases Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

PAX Financial Group LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,004 shares of the company’s stock after purchasing an additional 541 shares during the quarter. PAX Financial Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $414,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SPLG. LPL Financial LLC boosted its position in SPDR Portfolio S&P 500 ETF by 10.4% during the 4th quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock valued at $2,710,503,000 after buying an additional 3,697,646 shares during the period. Jones Financial Companies Lllp grew its stake in shares of 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 worth $1,074,391,000 after purchasing an additional 15,476,455 shares during the last quarter. Sumitomo Life Insurance Co. grew its stake in shares of SPDR Portfolio S&P 500 ETF by 18.4% in the fourth quarter. Sumitomo Life Insurance Co. now owns 9,052,600 shares of the company’s stock worth $624,086,000 after purchasing an additional 1,410,000 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives increased its holdings in SPDR Portfolio S&P 500 ETF by 18.5% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,953,000 shares of the company’s stock valued at $617,220,000 after purchasing an additional 1,398,000 shares during the period. Finally, Financial Engines Advisors L.L.C. raised its position in SPDR Portfolio S&P 500 ETF by 0.4% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 5,014,392 shares of the company’s stock valued at $345,692,000 after purchasing an additional 19,303 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPLG stock opened at $59.45 on Friday. SPDR Portfolio S&P 500 ETF has a fifty-two week low of $58.09 and a fifty-two week high of $72.14. The firm has a market cap of $53.66 billion, a P/E ratio of 24.63 and a beta of 1.01. The business’s 50 day moving average price is $68.58 and its 200-day moving average price is $68.98.

SPDR Portfolio S&P 500 ETF Cuts Dividend

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

SPDR Portfolio S&P 500 ETF Company 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.