SPDR S&P 500 ETF Trust (SPY) Shares Sold by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI cut its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 5.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 165,485 shares of the company’s stock after selling 9,475 shares during the period. SPDR S&P 500 ETF Trust comprises about 3.5% of Citizens Financial Group Inc. RI’s holdings, making the stock its 3rd largest position. Citizens Financial Group Inc. RI’s holdings in SPDR S&P 500 ETF Trust were worth $41,575,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SPY. Shell Asset Management Co. purchased a new position in SPDR S&P 500 ETF Trust in the 3rd quarter valued at about $1,228,215,000. Northwestern Mutual Investment Management Company LLC lifted its holdings in SPDR S&P 500 ETF Trust by 223.2% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 3,614,380 shares of the company’s stock valued at $757,122,000 after purchasing an additional 2,496,043 shares in the last quarter. Stifel Financial Corp lifted its holdings in SPDR S&P 500 ETF Trust by 39,815.8% in the 3rd quarter. Stifel Financial Corp now owns 2,353,835 shares of the company’s stock valued at $591,527,000 after purchasing an additional 2,347,938 shares in the last quarter. Bank of Nova Scotia lifted its holdings in SPDR S&P 500 ETF Trust by 1,280.4% in the 2nd quarter. Bank of Nova Scotia now owns 2,052,507 shares of the company’s stock valued at $497,031,000 after purchasing an additional 2,226,394 shares in the last quarter. Finally, Private Vista LLC lifted its holdings in SPDR S&P 500 ETF Trust by 24,630.0% in the 2nd quarter. Private Vista LLC now owns 2,005,105 shares of the company’s stock valued at $399,000 after purchasing an additional 1,996,997 shares in the last quarter.

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

SPDR S&P 500 ETF Trust (NYSEARCA:SPY) opened at $267.32 on Thursday. The stock has a market cap of $275,410.00 and a PE ratio of -183.10. 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 announced a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Monday, December 18th will be issued a $1.3513 dividend. This represents a $5.41 dividend on an annualized basis and a yield of 2.02%. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. The ex-dividend date is Friday, December 15th. SPDR S&P 500 ETF Trust’s dividend payout ratio is -328.77%.

COPYRIGHT VIOLATION NOTICE: “SPDR S&P 500 ETF Trust (SPY) Shares Sold by Citizens Financial Group Inc. RI” was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another website, it was stolen and republished in violation of US and international copyright laws. The legal version of this report can be viewed at https://www.com-unik.info/2017/12/28/spdr-sp-500-etf-trust-spy-shares-sold-by-citizens-financial-group-inc-ri.html.

SPDR S&P 500 ETF Trust 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)

What are top analysts saying about SPDR S&P 500 ETF Trust? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for SPDR S&P 500 ETF Trust and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit