Transamerica Financial Advisors Inc. Grows Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Transamerica Financial Advisors Inc. grew its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 122,031 shares of the company’s stock after acquiring an additional 5,332 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 0.8% of Transamerica Financial Advisors Inc.’s investment portfolio, making the stock its 21st biggest position. Transamerica Financial Advisors Inc.’s holdings in SPDR Portfolio S&P 500 ETF were worth $8,413,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SPLG. WealthTrak Capital Management LLC acquired a new position in shares of SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $14,530,000. Hobbs Group Advisors LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the fourth quarter worth $9,946,000. RiverFront Investment Group LLC lifted its holdings in SPDR Portfolio S&P 500 ETF by 2.1% during the fourth quarter. RiverFront Investment Group LLC now owns 1,219,301 shares of the company’s stock valued at $84,059,000 after purchasing an additional 24,958 shares in the last quarter. Level Four Advisory Services LLC grew its position in shares of SPDR Portfolio S&P 500 ETF by 1.4% in the fourth quarter. Level Four Advisory Services LLC now owns 335,362 shares of the company’s stock valued at $23,120,000 after purchasing an additional 4,720 shares during the period. Finally, NBZ Investment Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $27,273,000.

SPDR Portfolio S&P 500 ETF Trading Down 2.3 %

Shares of SPDR Portfolio S&P 500 ETF stock opened at $65.37 on Friday. 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 market capitalization of $54.86 billion, a PE ratio of 24.69 and a beta of 1.01. The firm’s 50-day moving average price is $69.28 and its 200 day moving average price is $69.02.

SPDR Portfolio S&P 500 ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 28th will be given a $0.2174 dividend. The ex-dividend date is Friday, March 28th.

SPDR Portfolio S&P 500 ETF Company 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.