HCR Wealth Advisors reduced its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.9% during the fourth quarter, Holdings Channel reports. The firm owned 4,478 shares of the company’s stock after selling 88 shares during the period. HCR Wealth Advisors’ holdings in SPDR S&P 500 ETF Trust were worth $1,119,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Peak Capital Management LLC bought a new position in SPDR S&P 500 ETF Trust during the third quarter worth $28,000. Signet Investment Advisory Group Inc. bought a new position in SPDR S&P 500 ETF Trust during the fourth quarter worth $47,000. First PREMIER Bank boosted its stake in SPDR S&P 500 ETF Trust by 134.8% during the fourth quarter. First PREMIER Bank now owns 270 shares of the company’s stock worth $67,000 after acquiring an additional 155 shares in the last quarter. Avondale Wealth Management bought a new position in SPDR S&P 500 ETF Trust during the fourth quarter worth $75,000. Finally, JJJ Advisors Inc. boosted its stake in SPDR S&P 500 ETF Trust by 17.3% during the fourth quarter. JJJ Advisors Inc. now owns 318 shares of the company’s stock worth $79,000 after acquiring an additional 47 shares in the last quarter.
Shares of NYSEARCA SPY opened at $278.68 on Friday. SPDR S&P 500 ETF Trust has a 12-month low of $233.76 and a 12-month high of $293.94.
The business also recently announced a quarterly dividend, which was paid on Thursday, January 31st. Investors of record on Monday, December 24th were paid a dividend of $1.4354 per share. The ex-dividend date was Friday, December 21st. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.32. This represents a $5.74 annualized dividend and a yield of 2.06%.
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SPDR S&P 500 ETF Trust 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.
Read More: What is insider trading?
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).
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