SPDR S&P 500 ETF Trust (SPY) is Nadler Financial Group Inc.’s 9th Largest Position

Nadler Financial Group Inc. reduced its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,660 shares of the company’s stock after selling 1,201 shares during the quarter. SPDR S&P 500 ETF Trust comprises about 3.9% of Nadler Financial Group Inc.’s portfolio, making the stock its 9th largest position. Nadler Financial Group Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $12,719,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust in the 3rd quarter valued at approximately $148,000. Akanthos Capital Management LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust in the 3rd quarter valued at approximately $158,000. WESPAC Advisors SoCal LLC boosted its stake in shares of SPDR S&P 500 ETF Trust by 68.8% in the 2nd quarter. WESPAC Advisors SoCal LLC now owns 675 shares of the company’s stock valued at $163,000 after purchasing an additional 275 shares in the last quarter. Almanack Investment Partners LLC. boosted its stake in shares of SPDR S&P 500 ETF Trust by 2.6% in the 2nd quarter. Almanack Investment Partners LLC. now owns 698 shares of the company’s stock valued at $170,000 after purchasing an additional 18 shares in the last quarter. Finally, Logan Capital Management Inc. acquired a new stake in shares of SPDR S&P 500 ETF Trust in the 2nd quarter valued at approximately $201,000.

Shares of SPDR S&P 500 ETF Trust (NYSEARCA SPY) opened at $277.92 on Friday. SPDR S&P 500 ETF Trust has a one year low of $224.96 and a one year high of $278.10. The firm has a market cap of $280,440.00 and a P/E ratio of -190.36.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Monday, December 18th will be paid a $1.3513 dividend. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. This represents a $5.41 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend is Friday, December 15th. SPDR S&P 500 ETF Trust’s dividend payout ratio (DPR) is presently -328.77%.

Separately, S&P Equity Research assumed coverage on shares of SPDR S&P 500 ETF Trust in a research note on Monday, December 11th. They issued a $3,000.00 price target on the stock.

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SPDR S&P 500 ETF Trust Company Profile

SPDR S&P 500 ETF Trust (the Trust) is a unit investment trust. The Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index (the Index). The Trust seeks to achieve this investment objective by holding a portfolio of the common stocks that are included in the Index (the Portfolio), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.

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Institutional Ownership by Quarter for SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

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