Wescott Financial Advisory Group LLC Decreases Position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Wescott Financial Advisory Group LLC trimmed its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 52,510 shares of the company’s stock after selling 327 shares during the period. Wescott Financial Advisory Group LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $3,620,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Elevation Wealth Partners LLC acquired a new stake in SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $26,000. Hemington Wealth Management acquired a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $30,000. Halbert Hargrove Global Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $37,000. Comprehensive Financial Planning Inc. PA acquired a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $39,000. Finally, Basso Capital Management L.P. purchased a new position in shares of SPDR Portfolio S&P 500 ETF in the fourth quarter worth $40,000.

SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPLG opened at $63.24 on Friday. The company’s fifty day moving average price is $68.83 and its 200-day moving average price is $69.02. 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 $57.08 billion, a PE ratio of 24.63 and a beta of 1.01.

SPDR Portfolio S&P 500 ETF Cuts Dividend

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