SPDR S&P 500 ETF Trust (NYSEARCA:SPY) Holdings Lowered by Lincoln Capital Corp

Lincoln Capital Corp trimmed its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 10.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,501 shares of the company’s stock after selling 2,280 shares during the period. SPDR S&P 500 ETF Trust comprises about 4.9% of Lincoln Capital Corp’s investment portfolio, making the stock its 5th biggest position. Lincoln Capital Corp’s holdings in SPDR S&P 500 ETF Trust were worth $5,787,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Camarda Financial Advisors LLC bought a new position in shares of SPDR S&P 500 ETF Trust during the second quarter valued at approximately $51,000. Atwater Malick LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust in the third quarter valued at approximately $70,000. Contravisory Investment Management Inc. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 43.2% in the second quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock valued at $71,000 after purchasing an additional 73 shares during the period. Founders Capital Management boosted its holdings in shares of SPDR S&P 500 ETF Trust by 23.2% in the second quarter. Founders Capital Management now owns 260 shares of the company’s stock valued at $76,000 after purchasing an additional 49 shares during the period. Finally, Financial Advantage Inc. purchased a new stake in shares of SPDR S&P 500 ETF Trust in the third quarter valued at approximately $81,000.

SPDR S&P 500 ETF Trust stock traded up $0.76 during mid-day trading on Friday, reaching $308.94. 40,572,151 shares of the company were exchanged, compared to its average volume of 72,494,539. The business has a fifty day moving average of $298.78 and a 200 day moving average of $293.53. SPDR S&P 500 ETF Trust has a 12-month low of $233.76 and a 12-month high of $309.65.

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

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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