Patten Group Inc. raised its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 5.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 16,297 shares of the company’s stock after purchasing an additional 821 shares during the quarter. SPDR S&P 500 ETF Trust accounts for approximately 2.0% of Patten Group Inc.’s portfolio, making the stock its 6th biggest holding. Patten Group Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $5,245,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SPY. Bogart Wealth LLC lifted its stake in SPDR S&P 500 ETF Trust by 2,245,986.8% in the third quarter. Bogart Wealth LLC now owns 12,802,695 shares of the company’s stock valued at $12,971,000 after acquiring an additional 12,802,125 shares during the last quarter. Morgan Stanley lifted its stake in SPDR S&P 500 ETF Trust by 29.6% in the second quarter. Morgan Stanley now owns 34,706,179 shares of the company’s stock valued at $10,168,910,000 after acquiring an additional 7,924,250 shares during the last quarter. Soros Fund Management LLC lifted its stake in SPDR S&P 500 ETF Trust by 106.1% in the third quarter. Soros Fund Management LLC now owns 64,849 shares of the company’s stock valued at $19,245,000 after acquiring an additional 1,125,465 shares during the last quarter. Voloridge Investment Management LLC lifted its stake in SPDR S&P 500 ETF Trust by 166.0% in the second quarter. Voloridge Investment Management LLC now owns 1,732,739 shares of the company’s stock valued at $507,693,000 after acquiring an additional 1,081,378 shares during the last quarter. Finally, Fluent Financial LLC lifted its stake in SPDR S&P 500 ETF Trust by 195.9% in the third quarter. Fluent Financial LLC now owns 499,248 shares of the company’s stock valued at $40,561,000 after acquiring an additional 1,019,745 shares during the last quarter.

SPY stock traded down $0.68 during trading hours on Tuesday, reaching $327.27. The stock had a trading volume of 47,352,337 shares, compared to its average volume of 56,574,500. The stock has a 50-day simple moving average of $319.16 and a 200 day simple moving average of $303.16. SPDR S&P 500 ETF Trust has a fifty-two week low of $256.41 and a fifty-two week high of $327.96.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, December 23rd will be paid a $1.57 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $6.28 dividend on an annualized basis and a yield of 1.92%. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23.

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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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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