Ingalls & Snyder LLC boosted its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 3.3% during the second quarter, Holdings Channel reports. The fund owned 3,921 shares of the exchange traded fund’s stock after buying an additional 125 shares during the period. Ingalls & Snyder LLC’s holdings in SPDR S&P 500 ETF Trust were worth $948,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in SPY. Harbour Capital Advisors LLC raised its stake in shares of SPDR S&P 500 ETF Trust by 24,242.9% in the second quarter. Harbour Capital Advisors LLC now owns 1,625,863 shares of the exchange traded fund’s stock valued at $6,724,000 after buying an additional 1,619,184 shares during the last quarter. ING Groep NV raised its stake in shares of SPDR S&P 500 ETF Trust by 52.2% in the second quarter. ING Groep NV now owns 1,422,875 shares of the exchange traded fund’s stock valued at $344,051,000 after buying an additional 487,784 shares during the last quarter. Sanders Capital LLC raised its stake in shares of SPDR S&P 500 ETF Trust by 24.3% in the second quarter. Sanders Capital LLC now owns 827,342 shares of the exchange traded fund’s stock valued at $200,051,000 after buying an additional 161,605 shares during the last quarter. CTC LLC raised its stake in shares of SPDR S&P 500 ETF Trust by 164.4% in the second quarter. CTC LLC now owns 248,205 shares of the exchange traded fund’s stock valued at $59,904,000 after buying an additional 154,334 shares during the last quarter. Finally, Axel Capital Management LLC raised its stake in shares of SPDR S&P 500 ETF Trust by 18.7% in the second quarter. Axel Capital Management LLC now owns 551,270 shares of the exchange traded fund’s stock valued at $133,297,000 after buying an additional 87,000 shares during the last quarter.

Shares of SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 247.25 on Thursday. The firm has a 50 day moving average of $244.93 and a 200 day moving average of $238.79. SPDR S&P 500 ETF Trust has a 52 week low of $208.38 and a 52 week high of $248.91.

The company also recently declared a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Tuesday, June 20th were given a $1.1831 dividend. The ex-dividend date of this dividend was Friday, June 16th. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03. This represents a $4.73 dividend on an annualized basis and a yield of 1.91%.

TRADEMARK VIOLATION NOTICE: “Ingalls & Snyder LLC Has $948,000 Position in SPDR S&P 500 ETF Trust (SPY)” was posted by Watch List News and is the property of of Watch List News. If you are accessing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this news story can be accessed at https://www.watchlistnews.com/ingalls-snyder-llc-has-948000-position-in-spdr-sp-500-etf-trust-spy/1468560.html.

Separately, Goldman Sachs Group, Inc. (The) raised their price target on shares of SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a research note on Wednesday, June 28th.

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.

Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSE:SPY).

Institutional Ownership by Quarter for SPDR S&P 500 ETF Trust (NYSE: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 Analyst Ratings Network's FREE daily email newsletter.