SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Sees Unusually-High Trading Volume – What’s Next?

SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) saw strong trading volume on Wednesday . 9,011,906 shares changed hands during mid-day trading, an increase of 26% from the previous session’s volume of 7,152,157 shares.The stock last traded at $66.01 and had previously closed at $65.99.

SPDR Portfolio S&P 500 ETF Trading Up 0.7 %

The firm has a fifty day moving average price of $69.09 and a 200 day moving average price of $69.08. The firm has a market cap of $59.97 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 announced 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.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Elevation Wealth Partners LLC purchased a new position in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $26,000. Hemington Wealth Management purchased a new position in SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $30,000. Halbert Hargrove Global Advisors LLC purchased a new stake in SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $37,000. Clarity Asset Management Inc. purchased a new stake in SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $38,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in shares of SPDR Portfolio S&P 500 ETF during the fourth quarter worth $39,000.

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.