Physician Wealth Advisors Inc. Boosts Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Physician Wealth Advisors Inc. lifted its position in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 725,565 shares of the company’s stock after acquiring an additional 7,576 shares during the period. SPDR Portfolio S&P 500 ETF accounts for 8.5% of Physician Wealth Advisors Inc.’s portfolio, making the stock its 2nd biggest holding. Physician Wealth Advisors Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $50,020,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Elevation Wealth Partners LLC bought a new stake in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $26,000. Hemington Wealth Management bought a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $30,000. Halbert Hargrove Global Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $37,000. Comprehensive Financial Planning Inc. PA bought a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $39,000. Finally, Basso Capital Management L.P. acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $40,000.

SPDR Portfolio S&P 500 ETF Trading Down 2.3 %

Shares of NYSEARCA SPLG opened at $65.37 on Friday. The company has a market capitalization of $59.00 billion, a price-to-earnings 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 $69.28 and a two-hundred day moving average of $69.05.

SPDR Portfolio S&P 500 ETF Cuts Dividend

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