Waterloo Capital L.P. Raises Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Waterloo Capital L.P. boosted its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 9.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 175,341 shares of the company’s stock after purchasing an additional 14,728 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up 1.3% of Waterloo Capital L.P.’s portfolio, making the stock its 18th biggest position. Waterloo Capital L.P.’s holdings in SPDR Portfolio S&P 500 ETF were worth $12,088,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Elevation Wealth Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $26,000. Hemington Wealth Management bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $30,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $37,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $39,000. Finally, Basso Capital Management L.P. bought a new stake 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 %

SPLG stock opened at $59.45 on Friday. The business has a 50 day moving average of $68.58 and a 200 day moving average of $68.99. The firm has a market cap of $53.66 billion, a PE 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.

SPDR Portfolio S&P 500 ETF Cuts Dividend

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