Harfst & Associates Inc. Decreases Holdings in SPDR S&P 500 ETF Trust (SPY)

Harfst & Associates Inc. cut its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 7.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,112 shares of the company’s stock after selling 800 shares during the period. SPDR S&P 500 ETF Trust makes up 1.1% of Harfst & Associates Inc.’s portfolio, making the stock its 11th largest position. Harfst & Associates Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $2,698,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Truepoint Inc. lifted its stake in shares of 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. ING Groep NV lifted its stake in shares of SPDR S&P 500 ETF Trust by 719.4% in the fourth quarter. ING Groep NV now owns 6,017,360 shares of the company’s stock worth $1,605,793,000 after buying an additional 5,283,013 shares in the last quarter. British Airways Pensions Investment Management Ltd bought a new position in SPDR S&P 500 ETF Trust during the fourth quarter valued at approximately $645,764,000. Stifel Financial Corp lifted its position in SPDR S&P 500 ETF Trust by 39,815.8% during the third quarter. Stifel Financial Corp now owns 2,353,835 shares of the company’s stock valued at $591,527,000 after purchasing an additional 2,347,938 shares during the period. Finally, Itau Unibanco Holding S.A. lifted its position in SPDR S&P 500 ETF Trust by 499.7% during the fourth quarter. Itau Unibanco Holding S.A. now owns 2,482,221 shares of the company’s stock valued at $662,211,000 after purchasing an additional 2,068,342 shares during the period.

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Separately, S&P Equity Research initiated coverage on shares of SPDR S&P 500 ETF Trust in a report on Monday, December 11th. They set a $3,000.00 target price for the company.

SPY stock opened at $259.72 on Friday. SPDR S&P 500 ETF Trust has a 52 week low of $232.51 and a 52 week high of $286.63.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Monday, March 19th will be issued a $1.0968 dividend. The ex-dividend date of this dividend is Friday, March 16th. This represents a $4.39 annualized dividend and a dividend yield of 1.69%.

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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.

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

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