Crow Point Partners LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 3,625 shares of the company’s stock, valued at approximately $971,000.

Several other large investors have also bought and sold shares of SPY. Beach Investment Management LLC. purchased a new position in shares of SPDR S&P 500 ETF Trust in the second quarter worth about $3,460,000. Kings Point Capital Management lifted its stake in shares of SPDR S&P 500 ETF Trust by 1.5% in the second quarter. Kings Point Capital Management now owns 1,617 shares of the company’s stock worth $391,000 after buying an additional 24 shares in the last quarter. Hudock Capital Group LLC lifted its stake in shares of SPDR S&P 500 ETF Trust by 1,117.6% in the second quarter. Hudock Capital Group LLC now owns 2,350 shares of the company’s stock worth $568,000 after buying an additional 2,157 shares in the last quarter. Sage Capital Advisors llc purchased a new position in shares of SPDR S&P 500 ETF Trust in the second quarter worth about $507,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of SPDR S&P 500 ETF Trust by 461.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,169 shares of the company’s stock worth $5,119,000 after buying an additional 17,400 shares in the last quarter.

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

Shares of SPDR S&P 500 ETF Trust (NYSEARCA SPY) opened at $274.12 on Thursday. SPDR S&P 500 ETF Trust has a 12-month low of $224.96 and a 12-month high of $275.25. The stock has a market cap of $276,360.00 and a PE ratio of -187.75.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Monday, December 18th will be given a dividend of $1.3513 per share. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. This represents a $5.41 annualized dividend and a yield of 1.97%. The ex-dividend date is Friday, December 15th. SPDR S&P 500 ETF Trust’s dividend payout ratio (DPR) is presently -328.77%.

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

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