JFS Wealth Advisors LLC decreased its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 6.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 611 shares of the exchange traded fund’s stock after selling 44 shares during the period. JFS Wealth Advisors LLC’s holdings in SPDR S&P 500 ETF Trust were worth $148,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Investors Asset Management of Georgia Inc. GA ADV increased its stake 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 worth $286,000 after buying an additional 4 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in SPDR S&P 500 ETF Trust during the second quarter worth about $336,000. Mcrae Capital Management Inc. increased its stake 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 worth $340,000 after buying an additional 13 shares during the last quarter. Barnett & Company Inc. increased its stake 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 worth $344,000 after buying an additional 1,049 shares during the last quarter. Finally, SPC Financial Inc. increased its stake in SPDR S&P 500 ETF Trust by 42.3% in the second quarter. SPC Financial Inc. now owns 1,707 shares of the exchange traded fund’s stock worth $413,000 after buying an additional 507 shares during the last quarter.

Shares of SPDR S&P 500 ETF Trust (SPY) opened at 247.25 on Thursday. SPDR S&P 500 ETF Trust has a 1-year low of $208.38 and a 1-year high of $248.91. The firm has a 50-day moving average price of $244.93 and a 200-day moving average price of $238.79.

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

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

About SPDR S&P 500 ETF Trust

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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