Glenview Trust Co Buys 778 Shares of SPDR S&P 500 ETF Trust (SPY)

Glenview Trust Co increased its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 0.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 92,785 shares of the exchange traded fund’s stock after purchasing an additional 778 shares during the period. SPDR S&P 500 ETF Trust accounts for 1.7% of Glenview Trust Co’s investment portfolio, making the stock its 8th largest position. Glenview Trust Co’s holdings in SPDR S&P 500 ETF Trust were worth $22,435,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. CKW Financial Group increased its stake in SPDR S&P 500 ETF Trust by 0.3% in the 2nd quarter. CKW Financial Group now owns 606 shares of the exchange traded fund’s stock worth $147,000 after acquiring an additional 2 shares during the last quarter. WESPAC Advisors SoCal LLC increased its stake in SPDR S&P 500 ETF Trust by 68.8% in the 2nd quarter. WESPAC Advisors SoCal LLC now owns 675 shares of the exchange traded fund’s stock worth $163,000 after acquiring an additional 275 shares during the last quarter. Almanack Investment Partners LLC. increased its stake in SPDR S&P 500 ETF Trust by 2.6% in the 2nd quarter. Almanack Investment Partners LLC. now owns 698 shares of the exchange traded fund’s stock worth $170,000 after acquiring an additional 18 shares during the last quarter. Goodman Financial Corp bought a new position in SPDR S&P 500 ETF Trust in the 2nd quarter worth about $203,000. Finally, Regal Wealth Group Inc. increased its stake in SPDR S&P 500 ETF Trust by 0.5% in the 2nd quarter. Regal Wealth Group Inc. now owns 849 shares of the exchange traded fund’s stock worth $205,000 after acquiring an additional 4 shares during the last quarter.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Monday, September 18th will be given a $1.2346 dividend. This represents a $4.94 annualized dividend and a dividend yield of 1.94%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18. The ex-dividend date is Friday, September 15th.

Separately, Goldman Sachs Group, Inc. (The) upped their target price on SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a research note on Wednesday, June 28th.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this report on another domain, it was copied illegally and republished in violation of US & international trademark and copyright laws. The legal version of this report can be accessed at https://sportsperspectives.com/2017/10/13/glenview-trust-co-buys-778-shares-of-spdr-sp-500-etf-trust-spy.html.

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 (NYSE: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

Leave a Reply