SPDR S&P 500 ETF Trust (SPY) Position Decreased by BB&T Investment Services Inc.

BB&T Investment Services Inc. lowered its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 13.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 130,890 shares of the company’s stock after selling 20,879 shares during the period. SPDR S&P 500 ETF Trust makes up approximately 5.9% of BB&T Investment Services Inc.’s investment portfolio, making the stock its 2nd largest position. BB&T Investment Services Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $34,916,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Haverford Trust Co. boosted its position in SPDR S&P 500 ETF Trust by 28.0% in the 4th quarter. Haverford Trust Co. now owns 106,011 shares of the company’s stock valued at $28,290,000 after buying an additional 23,199 shares during the period. Berkshire Asset Management LLC PA lifted its position in shares of SPDR S&P 500 ETF Trust by 12.6% during the 4th quarter. Berkshire Asset Management LLC PA now owns 20,225 shares of the company’s stock worth $5,397,000 after purchasing an additional 2,264 shares during the last quarter. Bank of Nova Scotia Trust Co. lifted its position in shares of SPDR S&P 500 ETF Trust by 39.6% during the 3rd quarter. Bank of Nova Scotia Trust Co. now owns 6,360 shares of the company’s stock worth $1,598,000 after purchasing an additional 1,805 shares during the last quarter. Segment Wealth Management LLC lifted its position in shares of SPDR S&P 500 ETF Trust by 16.4% during the 4th quarter. Segment Wealth Management LLC now owns 47,369 shares of the company’s stock worth $12,641,000 after purchasing an additional 6,662 shares during the last quarter. Finally, Vantage Investment Advisors LLC lifted its position in shares of SPDR S&P 500 ETF Trust by 4.5% during the 4th quarter. Vantage Investment Advisors LLC now owns 17,212 shares of the company’s stock worth $4,593,000 after purchasing an additional 746 shares during the last quarter.

How to Become a New Pot Stock Millionaire

Shares of NYSEARCA:SPY opened at $259.72 on Friday. SPDR S&P 500 ETF Trust has a 12 month low of $232.51 and a 12 month high of $286.63.

The business also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Monday, March 19th will be paid a dividend of $1.0968 per share. The ex-dividend date is Friday, March 16th. This represents a $4.39 annualized dividend and a yield of 1.69%.

Separately, S&P Equity Research began coverage on shares of SPDR S&P 500 ETF Trust in a research report on Monday, December 11th. They set a $3,000.00 price objective for the company.

COPYRIGHT VIOLATION WARNING: This story was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this story on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this story can be accessed at https://www.tickerreport.com/banking-finance/3340040/spdr-sp-500-etf-trust-spy-position-decreased-by-bbt-investment-services-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.

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

Financial Comparison: Piedmont Office Realty Trust  versus Spirit Realty Capital
Financial Comparison: Piedmont Office Realty Trust versus Spirit Realty Capital
Critical Review: Ryerson  versus L.B. Foster
Critical Review: Ryerson versus L.B. Foster
Somewhat Positive News Coverage Somewhat Unlikely to Affect Hersha Hospitality Trust  Share Price
Somewhat Positive News Coverage Somewhat Unlikely to Affect Hersha Hospitality Trust Share Price
Brokerages Set Jacobs Engineering Group Inc  PT at $74.00
Brokerages Set Jacobs Engineering Group Inc PT at $74.00
ADTRAN Inc  Receives $19.38 Consensus Target Price from Analysts
ADTRAN Inc Receives $19.38 Consensus Target Price from Analysts
DNP Select Income Fund Inc. to Issue Monthly Dividend of $0.07
DNP Select Income Fund Inc. to Issue Monthly Dividend of $0.07


© 2006-2018 Ticker Report. Google+.