Whitnell & Co. reduced its stake in SPDR S&P 500 ETF Trust (NYSE:SPY) by 10.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,100 shares of the exchange traded fund’s stock after selling 2,188 shares during the period. SPDR S&P 500 ETF Trust comprises 1.9% of Whitnell & Co.’s portfolio, making the stock its 8th largest position. Whitnell & Co.’s holdings in SPDR S&P 500 ETF Trust were worth $4,377,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Investors Asset Management of Georgia Inc. GA ADV increased its position in SPDR S&P 500 ETF Trust by 0.3% in the second quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 1,183 shares of the exchange traded fund’s stock valued at $286,000 after buying an additional 4 shares during the period. World Asset Management Inc bought a new position in SPDR S&P 500 ETF Trust during the second quarter valued at approximately $316,000. Park Avenue Securities LLC bought a new position in SPDR S&P 500 ETF Trust during the second quarter valued at approximately $336,000. Mcrae Capital Management Inc. increased its position in SPDR S&P 500 ETF Trust by 0.9% in the second quarter. Mcrae Capital Management Inc. now owns 1,405 shares of the exchange traded fund’s stock valued at $340,000 after buying an additional 13 shares during the period. Finally, Barnett & Company Inc. increased its position in SPDR S&P 500 ETF Trust by 279.7% in the second quarter. Barnett & Company Inc. now owns 1,424 shares of the exchange traded fund’s stock valued at $344,000 after buying an additional 1,049 shares during the period.

Shares of SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 243.76 on Friday. The company’s 50-day moving average is $244.95 and its 200-day moving average is $238.82. SPDR S&P 500 ETF Trust has a 1-year low of $208.38 and a 1-year high of $248.91.

The business also recently declared a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Tuesday, June 20th were paid a $1.1831 dividend. The ex-dividend date of this dividend was Friday, June 16th. This represents a $4.73 dividend on an annualized basis and a yield of 1.94%. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03.

ILLEGAL ACTIVITY NOTICE: This piece was first published by Watch List News and is the property of of Watch List News. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this piece can be read at https://www.watchlistnews.com/spdr-sp-500-etf-trust-nysespy-is-whitnell-co-s-8th-largest-position/1472696.html.

Separately, Goldman Sachs Group, Inc. (The) boosted their target price on shares of SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a report 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.