SPY Stock: Alpha Windward LLC Has $2.73 Million Holdings in SPDR S&P 500 ETF Trust

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Alpha Windward LLC lowered its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 4.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,241 shares of the company’s stock after selling 459 shares during the period. SPDR S&P 500 ETF Trust comprises 1.6% of Alpha Windward LLC’s portfolio, making the stock its 8th largest holding. Alpha Windward LLC’s holdings in SPDR S&P 500 ETF Trust were worth $2,733,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Shell Asset Management Co. acquired a new position in SPDR S&P 500 ETF Trust during the third quarter worth approximately $1,228,215,000. Truepoint Inc. increased its position in SPDR S&P 500 ETF Trust by 25,023.2% during the third quarter. Truepoint Inc. now owns 5,453,754 shares of the company’s stock worth $5,454,000 after purchasing an additional 5,432,046 shares during the last quarter. Northwestern Mutual Investment Management Company LLC increased its position in shares of SPDR S&P 500 ETF Trust by 223.2% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 3,614,380 shares of the company’s stock worth $757,122,000 after acquiring an additional 2,496,043 shares in the last quarter. Stifel Financial Corp increased its position in shares of SPDR S&P 500 ETF Trust by 39,815.8% in the third quarter. Stifel Financial Corp now owns 2,353,835 shares of the company’s stock worth $591,527,000 after acquiring an additional 2,347,938 shares in the last quarter. Finally, Bank of Nova Scotia increased its position in shares of SPDR S&P 500 ETF Trust by 1,280.4% in the second quarter. Bank of Nova Scotia now owns 2,052,507 shares of the company’s stock worth $497,031,000 after acquiring an additional 2,226,394 shares in the last quarter.

SPDR S&P 500 ETF Trust (NYSEARCA SPY) opened at $284.28 on Friday. SPDR S&P 500 ETF Trust has a 52 week low of $226.32 and a 52 week high of $284.70. The company has a market cap of $296,310.00 and a PE ratio of -194.04.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Monday, December 18th will be given a dividend of $1.3513 per share. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. The ex-dividend date of this dividend is Friday, December 15th. This represents a $5.41 annualized dividend and a dividend yield of 1.90%. SPDR S&P 500 ETF Trust’s dividend payout ratio (DPR) is -328.77%.

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 issued a $3,000.00 price objective for the company.

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.

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

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