Commerce Bank Sells 3,450 Shares of SPDR S&P 500 Trust ETF (SPY)

Commerce Bank lowered its stake in shares of SPDR S&P 500 Trust ETF (NYSEARCA:SPY) by 1.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 238,222 shares of the company’s stock after selling 3,450 shares during the quarter. Commerce Bank’s holdings in SPDR S&P 500 Trust ETF were worth $62,688,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Pinnacle Financial Partners Inc. boosted its holdings in SPDR S&P 500 Trust ETF by 9.7% in the first quarter. Pinnacle Financial Partners Inc. now owns 110,639 shares of the company’s stock worth $29,114,000 after acquiring an additional 9,821 shares in the last quarter. Torch Wealth Management LLC raised its stake in shares of SPDR S&P 500 Trust ETF by 4.2% in the first quarter. Torch Wealth Management LLC now owns 7,388 shares of the company’s stock worth $1,944,000 after purchasing an additional 300 shares during the last quarter. Exchange Capital Management Inc. raised its stake in shares of SPDR S&P 500 Trust ETF by 6.4% in the first quarter. Exchange Capital Management Inc. now owns 6,679 shares of the company’s stock worth $1,758,000 after purchasing an additional 403 shares during the last quarter. Advisor Partners LLC raised its stake in shares of SPDR S&P 500 Trust ETF by 52.6% in the first quarter. Advisor Partners LLC now owns 2,095 shares of the company’s stock worth $551,000 after purchasing an additional 722 shares during the last quarter. Finally, Annex Advisory Services LLC raised its stake in shares of SPDR S&P 500 Trust ETF by 46.0% in the first quarter. Annex Advisory Services LLC now owns 10,589 shares of the company’s stock worth $2,786,000 after purchasing an additional 3,338 shares during the last quarter.

Shares of SPDR S&P 500 Trust ETF opened at $272.01 on Friday, Marketbeat.com reports. SPDR S&P 500 Trust ETF has a 52-week low of $270.49 and a 52-week high of $271.99.

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 30th. Stockholders of record on Monday, March 19th were paid a $1.0968 dividend. This represents a $4.39 annualized dividend and a dividend yield of 1.61%. The ex-dividend date was Friday, March 16th.

SPDR S&P 500 Trust ETF 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.

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 Trust ETF (NYSEARCA:SPY).

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

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



Leave a Reply