SPDR S&P 500 ETF Trust (SPY) Shares Sold by Silicon Valley Capital Partners

Silicon Valley Capital Partners decreased its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 323,103 shares of the company’s stock after selling 4,207 shares during the quarter. SPDR S&P 500 ETF Trust comprises about 39.2% of Silicon Valley Capital Partners’ investment portfolio, making the stock its largest holding. Silicon Valley Capital Partners’ holdings in SPDR S&P 500 ETF Trust were worth $93,932,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. First Merchants Corp lifted its position in shares of SPDR S&P 500 ETF Trust by 2.1% during the 2nd quarter. First Merchants Corp now owns 8,776 shares of the company’s stock worth $2,381,000 after purchasing an additional 177 shares during the last quarter. Burke & Herbert Bank & Trust Co. lifted its position in shares of SPDR S&P 500 ETF Trust by 1.0% during the 2nd quarter. Burke & Herbert Bank & Trust Co. now owns 18,896 shares of the company’s stock worth $5,126,000 after purchasing an additional 183 shares during the last quarter. LifePlan Financial Group Inc lifted its position in shares of SPDR S&P 500 ETF Trust by 48.6% during the 2nd quarter. LifePlan Financial Group Inc now owns 575 shares of the company’s stock worth $156,000 after purchasing an additional 188 shares during the last quarter. Hallmark Capital Management Inc. lifted its position in shares of SPDR S&P 500 ETF Trust by 22.9% during the 2nd quarter. Hallmark Capital Management Inc. now owns 1,014 shares of the company’s stock worth $275,000 after purchasing an additional 189 shares during the last quarter. Finally, Ingalls & Snyder LLC lifted its position in shares of SPDR S&P 500 ETF Trust by 6.3% during the 2nd quarter. Ingalls & Snyder LLC now owns 3,382 shares of the company’s stock worth $917,000 after purchasing an additional 200 shares during the last quarter.

SPDR S&P 500 ETF Trust stock opened at $271.89 on Friday. SPDR S&P 500 ETF Trust has a 12-month low of $252.92 and a 12-month high of $293.94.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 31st. Stockholders of record on Monday, September 24th were given a dividend of $1.3226 per share. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. This represents a $5.29 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend was Friday, September 21st.

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.

Further Reading: How is a Moving Average Calculated?

Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

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

Receive News & Ratings for SPDR S&P 500 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 500 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply