Portfolio Solutions LLC grew its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 137.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 521 shares of the company’s stock after purchasing an additional 302 shares during the period. Portfolio Solutions LLC’s holdings in SPDR S&P 500 ETF Trust were worth $139,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Gofen & Glossberg LLC IL lifted its holdings in shares of SPDR S&P 500 ETF Trust by 0.4% during the fourth quarter. Gofen & Glossberg LLC IL now owns 152,600 shares of the company’s stock valued at $40,723,000 after purchasing an additional 623 shares during the last quarter. Atria Investments LLC lifted its holdings in shares of SPDR S&P 500 ETF Trust by 1.0% during the fourth quarter. Atria Investments LLC now owns 306,021 shares of the company’s stock valued at $81,665,000 after purchasing an additional 2,901 shares during the last quarter. Ayalon Holdings Ltd. purchased a new position in shares of SPDR S&P 500 ETF Trust during the fourth quarter valued at approximately $11,663,000. Investment Counsel Inc. lifted its holdings in shares of SPDR S&P 500 ETF Trust by 28.2% during the fourth quarter. Investment Counsel Inc. now owns 7,214 shares of the company’s stock valued at $1,925,000 after purchasing an additional 1,585 shares during the last quarter. Finally, Private Capital Advisors Inc. purchased a new position in shares of SPDR S&P 500 ETF Trust during the fourth quarter valued at approximately $260,000.

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

Shares of SPDR S&P 500 ETF Trust (NYSEARCA SPY) traded up $2.05 on Tuesday, hitting $279.97. 90,807,203 shares of the company traded hands, compared to its average volume of 75,355,813. The company has a market capitalization of $284,850.00 and a P/E ratio of -191.76. SPDR S&P 500 ETF Trust has a 12 month low of $225.27 and a 12 month high of $278.11.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Monday, December 18th will be given a dividend of $1.3513 per share. The ex-dividend date of this dividend is Friday, December 15th. This represents a $5.41 annualized dividend and a dividend yield of 1.93%. This is an increase 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.

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

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