SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) is Centric Wealth Management’s 2nd Largest Position

Posted by Tyrone Williams on Apr 1st, 2025

Centric Wealth Management raised its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG – Free Report) by 53.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 298,280 shares of the company’s stock after acquiring an additional 103,551 shares during the quarter. SPDR Portfolio S&P 500 ETF makes up about 5.6% of Centric Wealth Management’s portfolio, making the stock its 2nd biggest position. Centric Wealth Management owned approximately 0.05% of SPDR Portfolio S&P 500 ETF worth $20,563,000 as of its most recent filing with the Securities and Exchange Commission.

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

SPDR Portfolio S&P 500 ETF Trading Up 0.6 %

NYSEARCA:SPLG opened at $65.76 on Tuesday. The company has a market cap of $59.35 billion, a P/E 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 company’s 50-day moving average price is $69.19 and its 200-day moving average price is $69.08.

SPDR Portfolio S&P 500 ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were given 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

(Free Report)

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.