Neville Rodie & Shaw Inc. Has $14.07 Million Position in SPDR S&P 500 ETF Trust (SPY)

Neville Rodie & Shaw Inc. increased its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 52,715 shares of the company’s stock after acquiring an additional 1,098 shares during the quarter. SPDR S&P 500 ETF Trust makes up approximately 1.5% of Neville Rodie & Shaw Inc.’s holdings, making the stock its 15th biggest holding. Neville Rodie & Shaw Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $14,067,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Ameriprise Financial Inc. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 29.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,778,717 shares of the company’s stock valued at $2,209,311,000 after purchasing an additional 1,988,866 shares during the last quarter. Shell Asset Management Co. acquired a new position in shares of SPDR S&P 500 ETF Trust in the 3rd quarter valued at $1,228,215,000. Truepoint Inc. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 25,023.2% in the 3rd quarter. Truepoint Inc. now owns 5,453,754 shares of the company’s stock valued at $5,454,000 after purchasing an additional 5,432,046 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 64.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,288,365 shares of the company’s stock valued at $1,077,361,000 after purchasing an additional 1,676,732 shares during the last quarter. Finally, First Republic Investment Management Inc. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 4.0% in the 3rd quarter. First Republic Investment Management Inc. now owns 3,674,993 shares of the company’s stock valued at $923,269,000 after purchasing an additional 142,388 shares during 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 price target on the stock.

SPDR S&P 500 ETF Trust (NYSEARCA SPY) opened at $273.42 on Monday. The firm has a market cap of $285,210.00 and a price-to-earnings ratio of -187.27. SPDR S&P 500 ETF Trust has a 1-year low of $224.96 and a 1-year high of $273.56.

The business also recently declared 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 dividend yield of 1.98%. The ex-dividend date is Friday, December 15th. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. SPDR S&P 500 ETF Trust’s dividend payout ratio (DPR) is -328.77%.

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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.

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

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