Titleist Asset Management LLC Raises Stake in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Titleist Asset Management LLC boosted its holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 28.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,714 shares of the company’s stock after purchasing an additional 4,797 shares during the quarter. Titleist Asset Management LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $1,497,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. LPL Financial LLC raised its position in shares of SPDR Portfolio S&P 500 ETF by 10.4% in the 4th quarter. LPL Financial LLC now owns 39,316,849 shares of the company’s stock worth $2,710,503,000 after purchasing an additional 3,697,646 shares during the last quarter. Jones Financial Companies Lllp increased its stake in SPDR Portfolio S&P 500 ETF by 14,332.4% during the 4th quarter. Jones Financial Companies Lllp now owns 15,584,437 shares of the company’s stock valued at $1,074,391,000 after purchasing an additional 15,476,455 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in SPDR Portfolio S&P 500 ETF by 14.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 12,924,595 shares of the company’s stock worth $891,022,000 after buying an additional 1,635,377 shares during the last quarter. Sumitomo Life Insurance Co. lifted 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 buying an additional 1,410,000 shares in the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 18.5% during the fourth 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 buying an additional 1,398,000 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 6.0 %

Shares of SPLG opened at $59.45 on Friday. The company has a market capitalization of $53.66 billion, a P/E ratio of 24.63 and a beta of 1.01. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.09 and a twelve month high of $72.14. The firm has a 50 day moving average of $68.58 and a 200 day moving average of $68.99.

SPDR Portfolio S&P 500 ETF Cuts Dividend

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