Ellevest Inc. Acquires Shares of 7,408 SPDR S&P 500 ETF Trust (SPY)

Ellevest Inc. acquired a new position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,408 shares of the company’s stock, valued at approximately $1,851,000. SPDR S&P 500 ETF Trust accounts for about 0.9% of Ellevest Inc.’s holdings, making the stock its 20th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Peak Capital Management LLC purchased a new position in SPDR S&P 500 ETF Trust during the third quarter worth $28,000. First PREMIER Bank boosted its stake in SPDR S&P 500 ETF Trust by 134.8% during the fourth quarter. First PREMIER Bank now owns 270 shares of the company’s stock worth $67,000 after buying an additional 155 shares during the period. Avondale Wealth Management bought a new stake in shares of SPDR S&P 500 ETF Trust during the fourth quarter worth $75,000. Strs Ohio bought a new stake in shares of SPDR S&P 500 ETF Trust during the fourth quarter worth $89,000. Finally, Highwater Wealth Management LLC bought a new stake in shares of SPDR S&P 500 ETF Trust during the fourth quarter worth $110,000.

NYSEARCA:SPY opened at $274.10 on Wednesday. SPDR S&P 500 ETF Trust has a twelve month low of $233.76 and a twelve month high of $293.94.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 31st. Stockholders of record on Monday, December 24th were given a dividend of $1.4354 per share. This represents a $5.74 annualized dividend and a dividend yield of 2.09%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.32. The ex-dividend date was Friday, December 21st.

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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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Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

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

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