Winslow Evans & Crocker Inc. boosted its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 34.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,900 shares of the company’s stock after acquiring an additional 482 shares during the period. Winslow Evans & Crocker Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $507,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. increased its position in shares of SPDR S&P 500 ETF Trust by 29.3% in the third quarter. Ameriprise Financial Inc. now owns 8,778,717 shares of the company’s stock worth $2,209,311,000 after purchasing an additional 1,988,866 shares during the last quarter. Shell Asset Management Co. purchased a new stake in SPDR S&P 500 ETF Trust in the third quarter worth approximately $1,228,215,000. Truepoint Inc. boosted its stake in SPDR S&P 500 ETF Trust by 25,023.2% in the third quarter. Truepoint Inc. now owns 5,453,754 shares of the company’s stock worth $5,454,000 after buying an additional 5,432,046 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in SPDR S&P 500 ETF Trust by 64.2% in the third quarter. Envestnet Asset Management Inc. now owns 4,288,365 shares of the company’s stock worth $1,077,361,000 after buying an additional 1,676,732 shares in the last quarter. Finally, First Republic Investment Management Inc. boosted its stake in SPDR S&P 500 ETF Trust by 4.0% in the third quarter. First Republic Investment Management Inc. now owns 3,674,993 shares of the company’s stock worth $923,269,000 after buying an additional 142,388 shares in the last quarter.
SPDR S&P 500 ETF Trust (NYSEARCA SPY) traded up $3.54 during trading hours on Wednesday, hitting $269.59. The stock had a trading volume of 31,010,000 shares. SPDR S&P 500 ETF Trust has a 52-week low of $231.61 and a 52-week high of $286.63. The stock has a market capitalization of $276,060.00 and a price-to-earnings ratio of -184.65.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Monday, December 18th were paid a $1.3513 dividend. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. The ex-dividend date was Friday, December 15th. This represents a $5.41 dividend on an annualized basis and a yield of 2.01%. SPDR S&P 500 ETF Trust’s dividend payout ratio (DPR) is presently -328.77%.
Separately, S&P Equity Research assumed coverage on SPDR S&P 500 ETF Trust in a research note on Monday, December 11th. They issued a $3,000.00 target price for the company.
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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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