Envestnet Asset Management Inc. Grows Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Envestnet Asset Management Inc. raised its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 14.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 12,924,595 shares of the company’s stock after purchasing an additional 1,635,377 shares during the period. Envestnet Asset Management Inc. owned 2.22% of SPDR Portfolio S&P 500 ETF worth $891,022,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SPLG. Elevation Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth $26,000. Hemington Wealth Management bought a new position in SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $30,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $37,000. Comprehensive Financial Planning Inc. PA bought a new stake 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 position in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $40,000.

SPDR Portfolio S&P 500 ETF Stock Down 6.0 %

Shares of SPLG opened at $59.45 on Friday. The company has a 50 day moving average of $68.58 and a two-hundred day moving average of $68.98. SPDR Portfolio S&P 500 ETF has a twelve month low of $58.09 and a twelve 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 firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were given a $0.2174 dividend. The ex-dividend date 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.