King Luther Capital Management Corp cut its holdings in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 11.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,507 shares of the exchange traded fund’s stock after selling 1,608 shares during the quarter. King Luther Capital Management Corp’s holdings in SPDR S&P 500 ETF Trust were worth $3,024,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. CKW Financial Group increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.3% during the 2nd quarter. CKW Financial Group now owns 606 shares of the exchange traded fund’s stock worth $147,000 after acquiring an additional 2 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.3% during the 2nd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 1,183 shares of the exchange traded fund’s stock worth $286,000 after acquiring an additional 4 shares during the last quarter. Regal Wealth Group Inc. increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.5% during the 2nd quarter. Regal Wealth Group Inc. now owns 849 shares of the exchange traded fund’s stock worth $205,000 after acquiring an additional 4 shares during the last quarter. Mcrae Capital Management Inc. increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.9% during the 2nd quarter. Mcrae Capital Management Inc. now owns 1,405 shares of the exchange traded fund’s stock worth $340,000 after acquiring an additional 13 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 3,229 shares of the exchange traded fund’s stock worth $780,000 after acquiring an additional 16 shares during the last quarter.

SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 253.16 on Thursday. The firm has a 50-day moving average price of $247.90 and a 200-day moving average price of $242.71. SPDR S&P 500 ETF Trust has a one year low of $208.38 and a one year high of $253.44.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, September 18th will be issued a dividend of $1.2346 per share. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18. This represents a $4.94 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date of this dividend is Friday, September 15th.

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Separately, Goldman Sachs Group, Inc. (The) boosted their target price on 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.

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

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