SPDR S&P 500 ETF Trust (SPY) Shares Bought by Hexavest Inc.

Hexavest Inc. raised its stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 98.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,802 shares of the company’s stock after purchasing an additional 21,196 shares during the quarter. Hexavest Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $12,443,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Services Advisory Inc lifted its holdings in shares of SPDR S&P 500 ETF Trust by 488.0% during the 3rd quarter. Financial Services Advisory Inc now owns 101,122 shares of the company’s stock valued at $29,398,000 after acquiring an additional 83,923 shares in the last quarter. Manning & Napier Group LLC lifted its holdings in shares of SPDR S&P 500 ETF Trust by 18.2% during the 3rd quarter. Manning & Napier Group LLC now owns 31,059 shares of the company’s stock valued at $9,029,000 after acquiring an additional 4,792 shares in the last quarter. Fiduciary Financial Services of The Southwest Inc. TX lifted its holdings in shares of SPDR S&P 500 ETF Trust by 1.5% during the 3rd quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 19,205 shares of the company’s stock valued at $5,583,000 after acquiring an additional 290 shares in the last quarter. Lourd Capital LLC acquired a new position in shares of SPDR S&P 500 ETF Trust during the 3rd quarter valued at $1,056,000. Finally, Univest Corp of Pennsylvania acquired a new position in shares of SPDR S&P 500 ETF Trust during the 3rd quarter valued at $524,000.

NYSEARCA:SPY opened at $275.95 on Friday. SPDR S&P 500 ETF Trust has a twelve month low of $252.92 and a twelve month high of $293.94.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 31st. Investors of record on Monday, September 24th will be issued a dividend of $1.3226 per share. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. The ex-dividend date is Friday, September 21st. This represents a $5.29 annualized dividend and a dividend yield of 1.92%.

SPDR S&P 500 ETF Trust 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.

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

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