SPDR S&P 500 ETF Trust (SPY) is NorthRock Partners LLC’s Largest Position

NorthRock Partners LLC trimmed its position in SPDR S&P 500 ETF Trust (NYSE:SPY) by 1.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 256,859 shares of the exchange traded fund’s stock after selling 3,507 shares during the quarter. SPDR S&P 500 ETF Trust comprises about 26.1% of NorthRock Partners LLC’s investment portfolio, making the stock its biggest position. NorthRock Partners LLC’s holdings in SPDR S&P 500 ETF Trust were worth $62,410,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SPY. Northwestern Mutual Investment Management Company LLC increased its holdings in shares of SPDR S&P 500 ETF Trust by 223.2% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 3,614,380 shares of the exchange traded fund’s stock worth $757,122,000 after purchasing an additional 2,496,043 shares during the last quarter. Private Vista LLC grew its position in SPDR S&P 500 ETF Trust by 24,630.0% in the second quarter. Private Vista LLC now owns 2,005,105 shares of the exchange traded fund’s stock worth $399,000 after acquiring an additional 1,996,997 shares in the last quarter. Harbour Capital Advisors LLC grew its position in SPDR S&P 500 ETF Trust by 24,242.9% in the second quarter. Harbour Capital Advisors LLC now owns 1,625,863 shares of the exchange traded fund’s stock worth $6,724,000 after acquiring an additional 1,619,184 shares in the last quarter. White Mountains Advisors LLC grew its position in SPDR S&P 500 ETF Trust by 97.7% in the second quarter. White Mountains Advisors LLC now owns 2,318,285 shares of the exchange traded fund’s stock worth $560,561,000 after acquiring an additional 1,145,906 shares in the last quarter. Finally, TIAA FSB purchased a new position in SPDR S&P 500 ETF Trust in the second quarter worth about $197,131,000.

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Separately, Goldman Sachs Group, Inc. (The) lifted their price target on SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a research report on Wednesday, June 28th.

SPDR S&P 500 ETF Trust (SPY) opened at 254.62 on Wednesday. SPDR S&P 500 ETF Trust has a 52-week low of $208.38 and a 52-week high of $255.05. The company has a 50-day moving average price of $249.10 and a 200 day moving average price of $243.34.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Monday, September 18th will be issued a $1.2346 dividend. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18. The ex-dividend date of this dividend is Friday, September 15th. This represents a $4.94 dividend on an annualized basis and a yield of 1.94%.

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.

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

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