SPDR S&P 500 ETF Trust (SPY) Stake Lifted by Fieldpoint Private Securities LLC

Fieldpoint Private Securities LLC grew its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 62.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 2,947 shares of the company’s stock after acquiring an additional 1,132 shares during the quarter. Fieldpoint Private Securities LLC’s holdings in SPDR S&P 500 ETF Trust were worth $740,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 29.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,778,717 shares of the company’s stock valued at $2,209,311,000 after purchasing an additional 1,988,866 shares during the period. Shell Asset Management Co. acquired a new stake in shares of SPDR S&P 500 ETF Trust in the 3rd quarter valued at about $1,228,215,000. Envestnet Asset Management Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 64.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,288,365 shares of the company’s stock valued at $1,077,361,000 after purchasing an additional 1,676,732 shares during the period. First Republic Investment Management Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 4.0% in the 3rd quarter. First Republic Investment Management Inc. now owns 3,674,993 shares of the company’s stock valued at $923,269,000 after purchasing an additional 142,388 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC boosted its position in shares of SPDR S&P 500 ETF Trust by 223.2% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 3,614,380 shares of the company’s stock valued at $757,122,000 after purchasing an additional 2,496,043 shares during the period.

Separately, S&P Equity Research started coverage on SPDR S&P 500 ETF Trust in a research report on Monday, December 11th. They issued a $3,000.00 target price for the company.

Shares of SPDR S&P 500 ETF Trust (SPY) opened at $271.61 on Friday. The stock has a market capitalization of $283,320.00 and a PE ratio of -186.03. SPDR S&P 500 ETF Trust has a 1 year low of $224.96 and a 1 year high of $272.16.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Monday, December 18th will be given a $1.3513 dividend. The ex-dividend date is Friday, December 15th. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. This represents a $5.41 dividend on an annualized basis and a dividend yield of 1.99%. SPDR S&P 500 ETF Trust’s dividend payout ratio is -328.77%.

COPYRIGHT VIOLATION WARNING: This news story was first posted by Ticker Report and is the property of of Ticker Report. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States & international copyright & trademark legislation. The legal version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3126692/spdr-sp-500-etf-trust-spy-stake-lifted-by-fieldpoint-private-securities-llc.html.

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.

Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

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

Receive News & Ratings for SPDR S&P 500 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 500 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.