SPDR S&P 500 ETF Trust (SPY) Stake Boosted by San Francisco Sentry Investment Group CA

San Francisco Sentry Investment Group CA raised its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 45.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,458 shares of the company’s stock after purchasing an additional 1,080 shares during the period. San Francisco Sentry Investment Group CA’s holdings in SPDR S&P 500 ETF Trust were worth $869,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Regal Wealth Group Inc. increased its position in shares of SPDR S&P 500 ETF Trust by 0.5% in the 2nd quarter. Regal Wealth Group Inc. now owns 849 shares of the company’s stock valued at $205,000 after acquiring an additional 4 shares during the period. J.P. Marvel Investment Advisors LLC increased its position in shares of SPDR S&P 500 ETF Trust by 0.3% in the 2nd quarter. J.P. Marvel Investment Advisors LLC now owns 3,539 shares of the company’s stock valued at $856,000 after acquiring an additional 9 shares during the period. Almanack Investment Partners LLC. increased its position in shares of SPDR S&P 500 ETF Trust by 2.6% in the 2nd quarter. Almanack Investment Partners LLC. now owns 698 shares of the company’s stock valued at $170,000 after acquiring an additional 18 shares during the period. Kings Point Capital Management increased its position in shares of SPDR S&P 500 ETF Trust by 1.5% in the 2nd quarter. Kings Point Capital Management now owns 1,617 shares of the company’s stock valued at $391,000 after acquiring an additional 24 shares during the period. Finally, Lehman Financial Resources Inc. increased its position in shares of SPDR S&P 500 ETF Trust by 1.3% in the 2nd quarter. Lehman Financial Resources Inc. now owns 1,976 shares of the company’s stock valued at $476,000 after acquiring an additional 25 shares during the period.

SPDR S&P 500 ETF Trust (NYSEARCA SPY) opened at $267.51 on Tuesday. SPDR S&P 500 ETF Trust has a 12-month low of $222.73 and a 12-month high of $268.60. The stock has a market capitalization of $277,330.00 and a price-to-earnings ratio of -183.23.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Monday, December 18th will be given a $1.3513 dividend. This represents a $5.41 annualized dividend 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. The ex-dividend date of this dividend is Friday, December 15th. SPDR S&P 500 ETF Trust’s dividend payout ratio is presently -328.77%.

Separately, S&P Equity Research assumed coverage on SPDR S&P 500 ETF Trust in a research report on Monday, December 11th. They issued a $3,000.00 target price on the stock.

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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.

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

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