Watch Point Trust Co Trims Holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Watch Point Trust Co trimmed its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 3.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,969 shares of the company’s stock after selling 480 shares during the period. SPDR S&P 500 ETF Trust comprises about 1.9% of Watch Point Trust Co’s investment portfolio, making the stock its 27th largest position. Watch Point Trust Co’s holdings in SPDR S&P 500 ETF Trust were worth $3,552,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SPY. Morgan Stanley grew its position in SPDR S&P 500 ETF Trust by 29.6% in the second quarter. Morgan Stanley now owns 34,706,179 shares of the company’s stock valued at $10,168,910,000 after acquiring an additional 7,924,250 shares in the last quarter. Bogart Wealth LLC grew its position in SPDR S&P 500 ETF Trust by 2,245,986.8% in the third quarter. Bogart Wealth LLC now owns 12,802,695 shares of the company’s stock valued at $12,971,000 after acquiring an additional 12,802,125 shares in the last quarter. TD Asset Management Inc. grew its position in SPDR S&P 500 ETF Trust by 4.5% in the second quarter. TD Asset Management Inc. now owns 12,478,128 shares of the company’s stock valued at $3,656,092,000 after acquiring an additional 540,611 shares in the last quarter. Northern Trust Corp grew its position in SPDR S&P 500 ETF Trust by 2.3% in the second quarter. Northern Trust Corp now owns 11,773,892 shares of the company’s stock valued at $3,449,751,000 after acquiring an additional 261,439 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its position in SPDR S&P 500 ETF Trust by 5.1% in the second quarter. Allianz Asset Management GmbH now owns 7,802,342 shares of the company’s stock valued at $2,286,087,000 after acquiring an additional 378,185 shares in the last quarter.

NYSEARCA:SPY traded up $0.76 during trading hours on Friday, hitting $308.94. The stock had a trading volume of 40,572,151 shares, compared to its average volume of 72,494,539. SPDR S&P 500 ETF Trust has a 1-year low of $233.76 and a 1-year high of $309.65. The business has a 50 day simple moving average of $298.78 and a two-hundred day simple moving average of $293.53.

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

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

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