G&S Capital LLC Raises Position in SPDR S&P 500 ETF Trust (SPY)

G&S Capital LLC increased its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 63.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 2,945 shares of the company’s stock after purchasing an additional 1,141 shares during the period. G&S Capital LLC’s holdings in SPDR S&P 500 ETF Trust were worth $856,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SPY. Patriot Financial Group Insurance Agency LLC grew its holdings in SPDR S&P 500 ETF Trust by 402.3% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 437 shares of the company’s stock valued at $127,000 after buying an additional 350 shares in the last quarter. Hartford Financial Management Inc. purchased a new stake in SPDR S&P 500 ETF Trust in the 2nd quarter valued at $139,000. LifePlan Financial Group Inc grew its holdings in SPDR S&P 500 ETF Trust by 48.6% in the 2nd quarter. LifePlan Financial Group Inc now owns 575 shares of the company’s stock valued at $156,000 after buying an additional 188 shares in the last quarter. WP Advisors LLC purchased a new stake in SPDR S&P 500 ETF Trust in the 2nd quarter valued at $165,000. Finally, NuWave Investment Management LLC grew its holdings in SPDR S&P 500 ETF Trust by 283.0% in the 3rd quarter. NuWave Investment Management LLC now owns 609 shares of the company’s stock valued at $177,000 after buying an additional 450 shares in the last quarter.

Shares of NYSEARCA:SPY opened at $277.76 on Friday. SPDR S&P 500 ETF Trust has a 52-week low of $252.92 and a 52-week high of $293.94.

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Monday, September 24th were issued a $1.3226 dividend. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. This represents a $5.29 annualized dividend and a yield of 1.90%. The ex-dividend date was Friday, September 21st.

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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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