Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 9.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,802,358 shares of the company’s stock after selling 177,714 shares during the period. SPDR S&P 500 ETF Trust makes up approximately 6.7% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s investment portfolio, making the stock its 2nd biggest holding. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.18% of SPDR S&P 500 ETF Trust worth $452,806,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new position in SPDR S&P 500 ETF Trust during the third quarter valued at $148,000. WESPAC Advisors SoCal LLC lifted its position in SPDR S&P 500 ETF Trust by 68.8% during the second quarter. WESPAC Advisors SoCal LLC now owns 675 shares of the company’s stock valued at $163,000 after purchasing an additional 275 shares during the period. Almanack Investment Partners LLC. lifted its position in SPDR S&P 500 ETF Trust by 2.6% during the second quarter. Almanack Investment Partners LLC. now owns 698 shares of the company’s stock valued at $170,000 after purchasing an additional 18 shares during the period. Garrison Financial Corp acquired a new position in SPDR S&P 500 ETF Trust during the third quarter valued at $202,000. Finally, New England Investment & Retirement Group Inc. acquired a new position in SPDR S&P 500 ETF Trust during the third quarter valued at $206,000.

Separately, S&P Equity Research began coverage on shares of SPDR S&P 500 ETF Trust in a research report on Monday, December 11th. They set a $3,000.00 target price for the company.

SPDR S&P 500 ETF Trust (NYSEARCA:SPY) opened at $267.17 on Wednesday. SPDR S&P 500 ETF Trust has a 1 year low of $222.73 and a 1 year high of $268.60.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Monday, December 18th will be given a $1.3513 dividend. The ex-dividend date of this dividend is Friday, December 15th. This represents a $5.41 dividend on an annualized basis and a dividend yield of 2.02%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. SPDR S&P 500 ETF Trust’s dividend payout ratio is -328.77%.

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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.

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

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