EFG Asset Management Americas Corp. grew its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 3.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,853 shares of the company’s stock after buying an additional 140 shares during the period. EFG Asset Management Americas Corp.’s holdings in SPDR S&P 500 ETF Trust were worth $1,440,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in SPY. Camarda Financial Advisors LLC bought a new position in shares of SPDR S&P 500 ETF Trust in the second quarter worth approximately $51,000. Atwater Malick LLC purchased a new stake in SPDR S&P 500 ETF Trust in the third quarter worth approximately $70,000. Contravisory Investment Management Inc. boosted its stake in SPDR S&P 500 ETF Trust by 43.2% in the second quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock worth $71,000 after buying an additional 73 shares in the last quarter. Founders Capital Management boosted its stake in SPDR S&P 500 ETF Trust by 23.2% in the second quarter. Founders Capital Management now owns 260 shares of the company’s stock worth $76,000 after buying an additional 49 shares in the last quarter. Finally, Financial Advantage Inc. purchased a new stake in SPDR S&P 500 ETF Trust in the third quarter worth approximately $81,000.
SPY traded up $1.47 during midday trading on Tuesday, hitting $309.82. The stock had a trading volume of 5,345,037 shares, compared to its average volume of 72,326,633. The business has a fifty day moving average of $299.21 and a 200 day moving average of $293.72. SPDR S&P 500 ETF Trust has a 1 year low of $233.76 and a 1 year high of $309.65.
The business also recently disclosed a — dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd were paid a dividend of $1.3836 per share. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, September 20th.
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.
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