SSI Investment Management Inc. lowered its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 17.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,663 shares of the exchange traded fund’s stock after selling 4,686 shares during the quarter. SSI Investment Management Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $5,241,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Northwestern Mutual Investment Management Company LLC boosted its position in SPDR S&P 500 ETF Trust by 223.2% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 3,614,380 shares of the exchange traded fund’s stock worth $757,122,000 after acquiring an additional 2,496,043 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in SPDR S&P 500 ETF Trust by 5.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,574,593 shares of the exchange traded fund’s stock worth $864,337,000 after acquiring an additional 180,679 shares during the period. White Mountains Advisors LLC boosted its position in SPDR S&P 500 ETF Trust by 97.7% during the 2nd quarter. White Mountains Advisors LLC now owns 2,318,285 shares of the exchange traded fund’s stock worth $560,561,000 after acquiring an additional 1,145,906 shares during the period. Sei Investments Co. boosted its position in SPDR S&P 500 ETF Trust by 3.9% during the 2nd quarter. Sei Investments Co. now owns 2,265,949 shares of the exchange traded fund’s stock worth $547,907,000 after acquiring an additional 84,862 shares during the period. Finally, Private Vista LLC boosted its position in SPDR S&P 500 ETF Trust by 24,630.0% during the 2nd quarter. Private Vista LLC now owns 2,005,105 shares of the exchange traded fund’s stock worth $399,000 after acquiring an additional 1,996,997 shares during the period.

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Separately, Goldman Sachs Group, Inc. (The) boosted 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 (SPY) opened at 254.66 on Friday. SPDR S&P 500 ETF Trust has a 12 month low of $208.38 and a 12 month high of $254.68. The firm’s 50-day moving average price is $248.12 and its 200-day moving average price is $242.79.

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 given a dividend of $1.2346 per share. The ex-dividend date is Friday, September 15th. 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 1.94%.

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.

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

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