Oakworth Capital Inc. reduced its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 2.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,256 shares of the exchange traded fund’s stock after selling 493 shares during the period. SPDR S&P 500 ETF Trust accounts for approximately 1.5% of Oakworth Capital Inc.’s investment portfolio, making the stock its 16th largest position. Oakworth Capital Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $5,381,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Sei Investments Co. increased its stake in shares of SPDR S&P 500 ETF Trust by 3.9% in the second quarter. Sei Investments Co. now owns 2,265,949 shares of the exchange traded fund’s stock valued at $547,907,000 after buying an additional 84,862 shares in the last quarter. Crestwood Advisors Group LLC increased its stake in shares of SPDR S&P 500 ETF Trust by 6,245.1% in the second quarter. Crestwood Advisors Group LLC now owns 82,360 shares of the exchange traded fund’s stock valued at $20,335,000 after buying an additional 81,062 shares in the last quarter. Garde Capital Inc. increased its stake in shares of SPDR S&P 500 ETF Trust by 287.5% in the second quarter. Garde Capital Inc. now owns 9,404 shares of the exchange traded fund’s stock valued at $2,274,000 after buying an additional 6,977 shares in the last quarter. Dock Street Asset Management Inc. acquired a new stake in shares of SPDR S&P 500 ETF Trust during the second quarter valued at about $441,000. Finally, Washington Capital Management Inc. increased its stake in shares of SPDR S&P 500 ETF Trust by 5.6% in the second quarter. Washington Capital Management Inc. now owns 9,369 shares of the exchange traded fund’s stock valued at $2,265,000 after buying an additional 499 shares in the last quarter.

Shares of SPDR S&P 500 ETF Trust (SPY) opened at 244.12 on Friday. SPDR S&P 500 ETF Trust has a 12 month low of $208.38 and a 12 month high of $248.91. The stock has a 50 day moving average price of $244.99 and a 200 day moving average price of $238.95. SPDR S&P 500 ETF Trust also was the target of some unusual options trading activity on Thursday. Investors bought 1,798,225 put options on the company. This represents an increase of approximately 150% compared to the average volume of 718,356 put options.

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 positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03.

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

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

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