6 Meridian Purchases 43,693 Shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Share on StockTwits

6 Meridian boosted its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 135.5% during the third quarter, Holdings Channel reports. The institutional investor owned 75,950 shares of the company’s stock after purchasing an additional 43,693 shares during the quarter. SPDR S&P 500 ETF Trust comprises approximately 2.2% of 6 Meridian’s portfolio, making the stock its 4th largest holding. 6 Meridian’s holdings in SPDR S&P 500 ETF Trust were worth $22,540,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Aries Wealth Management increased its position in shares of SPDR S&P 500 ETF Trust by 8.5% during the 3rd quarter. Aries Wealth Management now owns 11,667 shares of the company’s stock worth $3,457,000 after purchasing an additional 914 shares during the last quarter. Sitrin Capital Management LLC boosted its stake in SPDR S&P 500 ETF Trust by 1.9% in the 3rd quarter. Sitrin Capital Management LLC now owns 15,332 shares of the company’s stock valued at $4,550,000 after purchasing an additional 290 shares during the period. Compass Capital Management Inc. bought a new stake in SPDR S&P 500 ETF Trust in the 3rd quarter valued at $297,000. Arcadia Investment Management Corp MI boosted its stake in SPDR S&P 500 ETF Trust by 2.9% in the 3rd quarter. Arcadia Investment Management Corp MI now owns 3,581 shares of the company’s stock valued at $1,063,000 after purchasing an additional 100 shares during the period. Finally, Ballast Inc. boosted its stake in SPDR S&P 500 ETF Trust by 23.9% in the 3rd quarter. Ballast Inc. now owns 1,287 shares of the company’s stock valued at $381,000 after purchasing an additional 248 shares during the period.

SPY opened at $298.99 on Wednesday. The business has a fifty day simple moving average of $296.70 and a 200 day simple moving average of $292.25. SPDR S&P 500 ETF Trust has a 1 year low of $233.76 and a 1 year high of $302.63.

The company also recently declared a — dividend, which will be paid on Thursday, October 31st. Investors of record on Monday, September 23rd will be paid a $1.3836 dividend. The ex-dividend date is Friday, September 20th. This represents a yield of 1.8%.

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.

Featured Story: Is the Dow Jones Industrial Average (DJIA) still relevant?

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

Amgen, Inc.  Plans Dividend Increase – $1.60 Per Share
Amgen, Inc. Plans Dividend Increase – $1.60 Per Share
Centuria Industrial Reit Declares Interim Dividend of $0.05
Centuria Industrial Reit Declares Interim Dividend of $0.05
Stock Traders Purchase High Volume of Ciena Call Options
Stock Traders Purchase High Volume of Ciena Call Options
TokenPay  Price Down 6% Over Last Week
TokenPay Price Down 6% Over Last Week
Contents Protocol  Reaches 24-Hour Trading Volume of $79,737.00
Contents Protocol Reaches 24-Hour Trading Volume of $79,737.00
0xcert 24 Hour Trading Volume Hits $52,569.00
0xcert 24 Hour Trading Volume Hits $52,569.00


© 2006-2019 Ticker Report