SPDR S&P 500 ETF Trust (NYSEARCA:SPY) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 186,283,215 shares, a growth of 3.3% from the October 15th total of 180,330,816 shares. Based on an average daily volume of 141,309,481 shares, the short-interest ratio is currently 1.3 days.

SPY stock opened at $277.76 on Friday. SPDR S&P 500 ETF Trust has a fifty-two week low of $252.92 and a fifty-two week high of $293.94.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Monday, September 24th were given a $1.3226 dividend. This represents a $5.29 annualized dividend and a yield of 1.90%. The ex-dividend date was Friday, September 21st. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25.

A number of hedge funds have recently bought and sold shares of SPY. LFA Lugano Financial Advisors SA bought a new position in SPDR S&P 500 ETF Trust in the 2nd quarter worth approximately $12,474,000. TD Asset Management Inc. raised its position in SPDR S&P 500 ETF Trust by 58.2% in the 3rd quarter. TD Asset Management Inc. now owns 11,533,679 shares of the company’s stock worth $3,353,071,000 after purchasing an additional 4,241,118 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives raised its position in SPDR S&P 500 ETF Trust by 79.9% in the 2nd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,425,032 shares of the company’s stock worth $2,285,543,000 after purchasing an additional 3,742,200 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in SPDR S&P 500 ETF Trust during the 2nd quarter worth $488,420,000. Finally, Gradient Investments LLC grew its holdings in SPDR S&P 500 ETF Trust by 41,603.0% during the 3rd quarter. Gradient Investments LLC now owns 1,407,059 shares of the company’s stock worth $409,060,000 after acquiring an additional 1,403,685 shares during the period.

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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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