Traders Buy SPDR Portfolio Large Cap ETF (SPLG) on Weakness

Traders purchased shares of SPDR Portfolio Large Cap ETF (NYSEARCA:SPLG) on weakness during trading hours on Wednesday. $56.79 million flowed into the stock on the tick-up and $5.80 million flowed out of the stock on the tick-down, for a money net flow of $50.99 million into the stock. Of all companies tracked, SPDR Portfolio Large Cap ETF had the 15th highest net in-flow for the day. SPDR Portfolio Large Cap ETF traded down ($0.03) for the day and closed at $32.81

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 26th. Shareholders of record on Monday, September 24th were paid a $0.1885 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.33%. This is a positive change from SPDR Portfolio Large Cap ETF’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, September 21st.

A number of large investors have recently modified their holdings of the business. Canal Capital Management LLC boosted its stake in SPDR Portfolio Large Cap ETF by 141.2% in the 3rd quarter. Canal Capital Management LLC now owns 58,832 shares of the company’s stock worth $2,004,000 after buying an additional 34,436 shares during the last quarter. Global Retirement Partners LLC lifted its stake in shares of SPDR Portfolio Large Cap ETF by 16.1% in the 3rd quarter. Global Retirement Partners LLC now owns 31,653 shares of the company’s stock valued at $1,078,000 after purchasing an additional 4,390 shares in the last quarter. Forte Capital LLC ADV lifted its stake in shares of SPDR Portfolio Large Cap ETF by 11.0% in the 3rd quarter. Forte Capital LLC ADV now owns 28,877 shares of the company’s stock valued at $983,000 after purchasing an additional 2,868 shares in the last quarter. Paragon Wealth Strategies LLC lifted its stake in shares of SPDR Portfolio Large Cap ETF by 69.5% in the 3rd quarter. Paragon Wealth Strategies LLC now owns 56,635 shares of the company’s stock valued at $1,930,000 after purchasing an additional 23,225 shares in the last quarter. Finally, First Hawaiian Bank acquired a new position in shares of SPDR Portfolio Large Cap ETF in the 3rd quarter valued at about $291,000.

SPDR Portfolio Large Cap ETF Company Profile (NYSEARCA:SPLG)

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.

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