Darrell & King LLC cut its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 8.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 5,285 shares of the exchange traded fund’s stock after selling 495 shares during the period. SPDR S&P 500 ETF Trust comprises about 0.2% of Darrell & King LLC’s holdings, making the stock its 24th largest position. Darrell & King LLC’s holdings in SPDR S&P 500 ETF Trust were worth $1,278,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of SPY. Lockheed Martin Investment Management Co. boosted its position in shares of SPDR S&P 500 ETF Trust by 285.3% in the second quarter. Lockheed Martin Investment Management Co. now owns 99,800 shares of the exchange traded fund’s stock valued at $24,132,000 after buying an additional 73,900 shares during the last quarter. Ferguson Wellman Capital Management Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 55.1% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 6,108 shares of the exchange traded fund’s stock valued at $1,477,000 after buying an additional 2,169 shares during the last quarter. Osborne Partners Capital Management LLC boosted its position in shares of SPDR S&P 500 ETF Trust by 0.4% in the second quarter. Osborne Partners Capital Management LLC now owns 129,266 shares of the exchange traded fund’s stock valued at $31,257,000 after buying an additional 577 shares during the last quarter. NewSquare Capital LLC boosted its position in shares of SPDR S&P 500 ETF Trust by 1.1% in the second quarter. NewSquare Capital LLC now owns 86,723 shares of the exchange traded fund’s stock valued at $20,970,000 after buying an additional 905 shares during the last quarter. Finally, Moloney Securities Asset Management LLC boosted its position in shares of SPDR S&P 500 ETF Trust by 1.6% in the second quarter. Moloney Securities Asset Management LLC now owns 6,896 shares of the exchange traded fund’s stock valued at $1,667,000 after buying an additional 107 shares during the last quarter.

SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 244.85 on Wednesday. SPDR S&P 500 ETF Trust has a 12 month low of $208.38 and a 12 month high of $248.91. The stock has a 50 day moving average of $245.61 and a 200 day moving average of $240.12.

The firm also recently declared a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Tuesday, June 20th were paid a $1.1831 dividend. This represents a $4.73 annualized dividend and a yield of 1.93%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend was Friday, June 16th.

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Separately, Goldman Sachs Group, Inc. (The) boosted their target price on shares of 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.

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

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