SPDR S&P 500 ETF Trust (NYSE:SPY) Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. cut its stake in SPDR S&P 500 ETF Trust (NYSE:SPY) by 15.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 235,263 shares of the exchange traded fund’s stock after selling 41,379 shares during the period. Bessemer Group Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $56,887,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SPY. Lockheed Martin Investment Management Co. increased its stake in shares of SPDR S&P 500 ETF Trust by 285.3% in the second quarter. Lockheed Martin Investment Management Co. now owns 99,800 shares of the exchange traded fund’s stock valued at $24,132,000 after buying an additional 73,900 shares during the last quarter. CAPROCK Group Inc. increased its stake in shares of SPDR S&P 500 ETF Trust by 27.3% in the second quarter. CAPROCK Group Inc. now owns 36,652 shares of the exchange traded fund’s stock valued at $6,971,000 after buying an additional 7,851 shares during the last quarter. Nwam LLC increased its stake in shares of SPDR S&P 500 ETF Trust by 4.7% in the second quarter. Nwam LLC now owns 6,989 shares of the exchange traded fund’s stock valued at $1,690,000 after buying an additional 314 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of SPDR S&P 500 ETF Trust by 1.1% in the second quarter. Tokio Marine Asset Management Co. Ltd. now owns 20,182 shares of the exchange traded fund’s stock valued at $4,880,000 after buying an additional 220 shares during the last quarter. Finally, Silicon Valley Capital Partners increased its stake in shares of SPDR S&P 500 ETF Trust by 1.7% in the second quarter. Silicon Valley Capital Partners now owns 327,363 shares of the exchange traded fund’s stock valued at $79,156,000 after buying an additional 5,572 shares during the last quarter.

Shares of SPDR S&P 500 ETF Trust (NYSE SPY) traded down 0.16% on Friday, reaching $242.71. The company had a trading volume of 136,747,986 shares. SPDR S&P 500 ETF Trust has a 1-year low of $208.38 and a 1-year high of $248.91. The company’s 50 day moving average price is $245.37 and its 200-day moving average price is $239.54.

The company also recently announced a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Tuesday, June 20th were given a $1.1831 dividend. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend was Friday, June 16th. This represents a $4.73 dividend on an annualized basis and a yield of 1.95%.

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

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

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