Consolidated Investment Group LLC Sells 4,200 Shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Consolidated Investment Group LLC cut its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 18.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,500 shares of the company’s stock after selling 4,200 shares during the period. SPDR S&P 500 ETF Trust accounts for 2.8% of Consolidated Investment Group LLC’s investment portfolio, making the stock its 12th biggest position. Consolidated Investment Group LLC’s holdings in SPDR S&P 500 ETF Trust were worth $5,491,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Blue Chip Partners Inc. boosted its holdings in SPDR S&P 500 ETF Trust by 1.0% in the 2nd quarter. Blue Chip Partners Inc. now owns 3,405 shares of the company’s stock valued at $998,000 after purchasing an additional 35 shares during the period. ICONIQ Capital LLC boosted its holdings in SPDR S&P 500 ETF Trust by 0.4% in the 2nd quarter. ICONIQ Capital LLC now owns 9,534 shares of the company’s stock valued at $2,807,000 after purchasing an additional 40 shares during the period. Farmers & Merchants Investments Inc. boosted its holdings in SPDR S&P 500 ETF Trust by 0.7% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 6,185 shares of the company’s stock valued at $1,836,000 after purchasing an additional 40 shares during the period. Litman Gregory Asset Management LLC lifted its holdings in shares of SPDR S&P 500 ETF Trust by 0.7% during the 2nd quarter. Litman Gregory Asset Management LLC now owns 5,862 shares of the company’s stock worth $1,718,000 after acquiring an additional 41 shares during the last quarter. Finally, Douglass Winthrop Advisors LLC lifted its holdings in shares of SPDR S&P 500 ETF Trust by 1.3% during the 3rd quarter. Douglass Winthrop Advisors LLC now owns 3,253 shares of the company’s stock worth $965,000 after acquiring an additional 42 shares during the last quarter.

Shares of NYSEARCA SPY traded up $1.16 during mid-day trading on Monday, reaching $299.25. 5,653,996 shares of the company were exchanged, compared to its average volume of 74,233,922. SPDR S&P 500 ETF Trust has a 52 week low of $233.76 and a 52 week high of $302.63. The company’s 50 day moving average price is $296.17 and its 200 day moving average price is $291.97.

The business also recently disclosed a — dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd will be issued a dividend of $1.3836 per share. This represents a dividend yield of 1.8%. The ex-dividend date is Friday, September 20th.

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.

Further Reading: 52-Week High/Low

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)

Receive News & Ratings for SPDR S&P 500 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 500 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.