Arcadia Investment Management Corp MI lifted its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 3,581 shares of the company’s stock after purchasing an additional 100 shares during the quarter. Arcadia Investment Management Corp MI’s holdings in SPDR S&P 500 ETF Trust were worth $1,063,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Camarda Financial Advisors LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust during the 2nd quarter worth approximately $51,000. Atwater Malick LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust during the 3rd quarter worth approximately $70,000. Contravisory Investment Management Inc. grew its holdings in shares of SPDR S&P 500 ETF Trust by 43.2% during the 2nd quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock worth $71,000 after purchasing an additional 73 shares in the last quarter. Founders Capital Management grew its holdings in shares of SPDR S&P 500 ETF Trust by 23.2% during the 2nd quarter. Founders Capital Management now owns 260 shares of the company’s stock worth $76,000 after purchasing an additional 49 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. acquired a new stake in shares of SPDR S&P 500 ETF Trust during the 2nd quarter worth approximately $90,000.
Shares of NYSEARCA:SPY opened at $298.99 on Wednesday. SPDR S&P 500 ETF Trust has a 1-year low of $233.76 and a 1-year high of $302.63. The business’s 50 day moving average is $296.70 and its 200-day moving average is $292.25.
The company also recently disclosed a — dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd will be issued a dividend of $1.3836 per share. This represents a dividend yield of 1.8%. The ex-dividend date is Friday, September 20th.
SPDR S&P 500 ETF Trust Company 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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