Haverford Trust Co. reduced its stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 3.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 116,421 shares of the company’s stock after selling 3,979 shares during the quarter. Haverford Trust Co.’s holdings in SPDR S&P 500 ETF Trust were worth $34,550,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the business. First Trust Advisors LP purchased a new position in shares of SPDR S&P 500 ETF Trust during the 1st quarter worth $584,000. Private Trust Co. NA lifted its stake in SPDR S&P 500 ETF Trust by 2.0% during the 2nd quarter. Private Trust Co. NA now owns 43,683 shares of the company’s stock worth $12,798,000 after acquiring an additional 854 shares in the last quarter. Private Asset Management Inc. lifted its stake in SPDR S&P 500 ETF Trust by 4.2% during the 2nd quarter. Private Asset Management Inc. now owns 14,696 shares of the company’s stock worth $4,306,000 after acquiring an additional 597 shares in the last quarter. Dorsey Wright & Associates acquired a new position in SPDR S&P 500 ETF Trust during the 2nd quarter worth about $282,000. Finally, Silverleafe Capital Partners LLC lifted its stake in SPDR S&P 500 ETF Trust by 0.7% during the 2nd quarter. Silverleafe Capital Partners LLC now owns 50,634 shares of the company’s stock worth $14,836,000 after acquiring an additional 347 shares in the last quarter.
SPY traded up $0.75 during mid-day trading on Friday, hitting $308.93. 48,876,495 shares of the stock were exchanged, compared to its average volume of 72,490,195. The firm’s fifty day moving average is $298.65 and its two-hundred day moving average is $293.44. SPDR S&P 500 ETF Trust has a 1-year low of $233.76 and a 1-year high of $309.65.
The company also recently announced a — dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 23rd were paid a dividend of $1.3836 per share. This represents a yield of 1.8%. The ex-dividend date was Friday, September 20th.
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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