Kornitzer Capital Management Inc. KS Has $634,000 Position in SPDR S&P 500 ETF Trust (NYSE:SPY)

Kornitzer Capital Management Inc. KS cut its position in SPDR S&P 500 ETF Trust (NYSE:SPY) by 2.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,620 shares of the exchange traded fund’s stock after selling 68 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in SPDR S&P 500 ETF Trust were worth $634,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Investors Asset Management of Georgia Inc. GA ADV increased its stake in shares of 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 period. Mcrae Capital Management Inc. increased its stake in shares of 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 period. Parkside Financial Bank & Trust increased its stake in shares of SPDR S&P 500 ETF Trust by 0.5% in the second quarter. Parkside Financial Bank & Trust now owns 3,229 shares of the exchange traded fund’s stock worth $780,000 after buying an additional 16 shares during the period. Capital City Trust Co. FL increased its stake in shares of SPDR S&P 500 ETF Trust by 0.3% in the second quarter. Capital City Trust Co. FL now owns 8,914 shares of the exchange traded fund’s stock worth $2,155,000 after buying an additional 29 shares during the period. Finally, Investment Counsel Inc. increased its stake in shares of SPDR S&P 500 ETF Trust by 1.1% in the second quarter. Investment Counsel Inc. now owns 5,464 shares of the exchange traded fund’s stock worth $1,321,000 after buying an additional 60 shares during the period.

Shares of SPDR S&P 500 ETF Trust (SPY) traded down 0.16% during mid-day trading on Friday, hitting $242.71. The company had a trading volume of 136,747,986 shares. SPDR S&P 500 ETF Trust has a 12 month low of $208.38 and a 12 month high of $248.91. The firm has a 50-day moving average of $245.37 and a 200-day moving average of $239.54.

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

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

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

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