SPDR S&P 500 ETF Trust (SPY) Shares Sold by Sun Life Financial INC

Sun Life Financial INC cut its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,260,965 shares of the company’s stock after selling 18,875 shares during the quarter. SPDR S&P 500 ETF Trust accounts for approximately 34.5% of Sun Life Financial INC’s holdings, making the stock its largest position. Sun Life Financial INC’s holdings in SPDR S&P 500 ETF Trust were worth $336,501,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Independence Bank of Kentucky bought a new position in shares of SPDR S&P 500 ETF Trust during the 4th quarter valued at $100,000. Guidant Wealth Advisors lifted its holdings in shares of SPDR S&P 500 ETF Trust by 533.5% during the 4th quarter. Guidant Wealth Advisors now owns 1,267 shares of the company’s stock valued at $114,000 after buying an additional 1,067 shares during the period. Keeler Thomas Management LLC bought a new position in shares of SPDR S&P 500 ETF Trust during the 4th quarter valued at $133,000. Icon Wealth Partners LLC bought a new position in shares of SPDR S&P 500 ETF Trust during the 4th quarter valued at $133,000. Finally, Portfolio Solutions LLC lifted its holdings in shares of SPDR S&P 500 ETF Trust by 137.9% during the 4th quarter. Portfolio Solutions LLC now owns 521 shares of the company’s stock valued at $139,000 after buying an additional 302 shares during the period.

How to Become a New Pot Stock Millionaire

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

SPDR S&P 500 ETF Trust (NYSEARCA:SPY) opened at $258.05 on Monday. SPDR S&P 500 ETF Trust has a twelve month low of $231.61 and a twelve month high of $286.63. The company has a market capitalization of $269,290.00 and a price-to-earnings ratio of -176.75.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Monday, March 19th will be issued a $1.0968 dividend. The ex-dividend date of this dividend is Friday, March 16th. This represents a $4.39 dividend on an annualized basis and a yield of 1.70%. SPDR S&P 500 ETF Trust’s dividend payout ratio is currently -333.56%.

COPYRIGHT VIOLATION WARNING: This piece was first published by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another site, it was copied illegally and reposted in violation of international copyright law. The correct version of this piece can be viewed at https://www.tickerreport.com/banking-finance/3302147/spdr-sp-500-etf-trust-spy-shares-sold-by-sun-life-financial-inc.html.

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.

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

SEACOR  Posts  Earnings Results, Beats Expectations By $0.04 EPS
SEACOR Posts Earnings Results, Beats Expectations By $0.04 EPS
Netko Trading Up 4.6% Over Last 7 Days
Netko Trading Up 4.6% Over Last 7 Days
Critical Review: Healthcare Services Group  and Kindred Healthcare
Critical Review: Healthcare Services Group and Kindred Healthcare
Reviewing J.Jill  & Cherokee
Reviewing J.Jill & Cherokee
Costco Wholesale  vs. Its Rivals Head to Head Comparison
Costco Wholesale vs. Its Rivals Head to Head Comparison
EZCorp.  Given Consensus Recommendation of “Buy” by Analysts
EZCorp. Given Consensus Recommendation of “Buy” by Analysts


© 2006-2018 Ticker Report. Google+.