Perennial Investment Advisors LLC Acquires 72,592 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Perennial Investment Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 365.4% during the fourth quarter, HoldingsChannel reports. The fund owned 92,459 shares of the company’s stock after purchasing an additional 72,592 shares during the quarter. Perennial Investment Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $6,374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Swmg LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 0.3% in the fourth quarter. Swmg LLC now owns 49,271 shares of the company’s stock valued at $3,515,000 after purchasing an additional 144 shares in the last quarter. Integrity Wealth Solutions LLC grew its holdings in SPDR Portfolio S&P 500 ETF by 0.5% during the 4th quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock valued at $1,975,000 after buying an additional 145 shares in the last quarter. Key Financial Inc increased its position in shares of SPDR Portfolio S&P 500 ETF by 1.6% during the fourth quarter. Key Financial Inc now owns 9,410 shares of the company’s stock valued at $649,000 after buying an additional 146 shares during the period. Guyasuta Investment Advisors Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 ETF by 3.3% in the fourth quarter. Guyasuta Investment Advisors Inc. now owns 4,671 shares of the company’s stock worth $322,000 after buying an additional 148 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its position in shares of SPDR Portfolio S&P 500 ETF by 19.9% in the fourth quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock valued at $64,000 after acquiring an additional 153 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Down 6.0 %

SPDR Portfolio S&P 500 ETF stock opened at $59.45 on Friday. The firm’s 50 day simple moving average is $68.58 and its 200 day simple moving average is $68.98. SPDR Portfolio S&P 500 ETF has a 1-year low of $58.09 and a 1-year high of $72.14. The firm has a market capitalization of $53.66 billion, a PE 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. Investors of record on Friday, March 28th were given a $0.2174 dividend. The ex-dividend date 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.