SPDR S&P 500 ETF Trust (SPY) is Colorado Capital Management Inc.’s 6th Largest Position

Colorado Capital Management Inc. cut its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,685 shares of the company’s stock after selling 624 shares during the period. SPDR S&P 500 ETF Trust accounts for 4.4% of Colorado Capital Management Inc.’s holdings, making the stock its 6th biggest holding. Colorado Capital Management Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $6,320,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Ameriprise Financial Inc. grew its position in SPDR S&P 500 ETF Trust by 29.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,778,717 shares of the company’s stock valued at $2,209,311,000 after acquiring an additional 1,988,866 shares during the last quarter. Shell Asset Management Co. bought a new position in SPDR S&P 500 ETF Trust in the 3rd quarter valued at $1,228,215,000. Truepoint Inc. grew its position in SPDR S&P 500 ETF Trust by 25,023.2% in the 3rd quarter. Truepoint Inc. now owns 5,453,754 shares of the company’s stock valued at $5,454,000 after acquiring an additional 5,432,046 shares during the last quarter. Envestnet Asset Management Inc. grew its position in SPDR S&P 500 ETF Trust by 64.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,288,365 shares of the company’s stock valued at $1,077,361,000 after acquiring an additional 1,676,732 shares during the last quarter. Finally, First Republic Investment Management Inc. grew its position in SPDR S&P 500 ETF Trust by 4.0% in the 3rd quarter. First Republic Investment Management Inc. now owns 3,674,993 shares of the company’s stock valued at $923,269,000 after acquiring an additional 142,388 shares during the last quarter.

Shares of SPDR S&P 500 ETF Trust (SPY) traded down $6.13 during mid-day trading on Friday, reaching $275.45. The company had a trading volume of 39,860,000 shares. SPDR S&P 500 ETF Trust has a 12 month low of $228.31 and a 12 month high of $286.63. The company has a market capitalization of $295,750.00 and a P/E ratio of -188.66.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Monday, December 18th were paid a $1.3513 dividend. The ex-dividend date was Friday, December 15th. This is a boost 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 yield of 1.96%. SPDR S&P 500 ETF Trust’s dividend payout ratio (DPR) is -328.77%.

Separately, S&P Equity Research began coverage on SPDR S&P 500 ETF Trust in a research report on Monday, December 11th. They set a $3,000.00 price target on the stock.

TRADEMARK VIOLATION NOTICE: “SPDR S&P 500 ETF Trust (SPY) is Colorado Capital Management Inc.’s 6th Largest Position” was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this news story on another website, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.dispatchtribunal.com/2018/02/04/colorado-capital-management-inc-has-6-32-million-position-in-spdr-sp-500-etf-trust-spy.html.

About SPDR S&P 500 ETF Trust

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.

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