SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its position in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 11.5% in the 4th quarter, HoldingsChannel reports. The firm owned 9,426,927 shares of the company’s stock after selling 1,219,337 shares during the period. JPMorgan Chase & Co.’s holdings in SPDR Portfolio S&P 500 ETF were worth $649,892,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPLG. MN Wealth Advisors LLC increased its position in shares of SPDR Portfolio S&P 500 ETF by 7.0% in the fourth quarter. MN Wealth Advisors LLC now owns 29,869 shares of the company’s stock worth $2,059,000 after acquiring an additional 1,960 shares in the last quarter. Barclays PLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF by 170.0% during the third quarter. Barclays PLC now owns 1,350 shares of the company’s stock worth $91,000 after purchasing an additional 850 shares in the last quarter. Shepherd Financial Partners LLC grew its stake in shares of SPDR Portfolio S&P 500 ETF by 5.3% in the fourth quarter. Shepherd Financial Partners LLC now owns 93,323 shares of the company’s stock valued at $6,434,000 after buying an additional 4,676 shares in the last quarter. Keybank National Association OH acquired a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $211,000. Finally, Golden State Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $7,377,000.

SPDR Portfolio S&P 500 ETF Price Performance

NYSEARCA:SPLG opened at $65.37 on Friday. SPDR Portfolio S&P 500 ETF has a 1-year low of $58.09 and a 1-year high of $72.14. The stock has a market cap of $54.86 billion, a P/E ratio of 24.69 and a beta of 1.01. The firm has a 50-day moving average of $69.28 and a two-hundred day moving average of $69.02.

SPDR Portfolio S&P 500 ETF Cuts Dividend

The firm also recently declared 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.