C.V. Starr & Co. Inc. Trust Takes Position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

C.V. Starr & Co. Inc. Trust purchased a new stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 35,100 shares of the company’s stock, valued at approximately $10,417,000. SPDR S&P 500 ETF Trust makes up approximately 4.5% of C.V. Starr & Co. Inc. Trust’s holdings, making the stock its 8th biggest holding.

A number of other institutional investors also recently modified their holdings of the stock. Bogart Wealth LLC lifted its stake in SPDR S&P 500 ETF Trust by 2,245,986.8% in the 3rd quarter. Bogart Wealth LLC now owns 12,802,695 shares of the company’s stock worth $12,971,000 after purchasing an additional 12,802,125 shares in the last quarter. Morgan Stanley lifted its stake in SPDR S&P 500 ETF Trust by 29.6% in the 2nd quarter. Morgan Stanley now owns 34,706,179 shares of the company’s stock worth $10,168,910,000 after purchasing an additional 7,924,250 shares in the last quarter. Thoroughbred Financial Services LLC lifted its stake in SPDR S&P 500 ETF Trust by 29,237.2% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 4,893,743 shares of the company’s stock worth $489,374,000 after purchasing an additional 4,877,062 shares in the last quarter. Pekin Hardy Strauss Inc. lifted its stake in SPDR S&P 500 ETF Trust by 100.1% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 2,571 shares of the company’s stock worth $753,000 after purchasing an additional 2,738,936 shares in the last quarter. Finally, Mizuho Securities USA LLC lifted its stake in SPDR S&P 500 ETF Trust by 56.5% in the 2nd quarter. Mizuho Securities USA LLC now owns 4,923,326 shares of the company’s stock worth $1,443,973,000 after purchasing an additional 1,776,784 shares in the last quarter.

SPY traded up $3.01 during trading on Friday, reaching $296.25. The company’s stock had a trading volume of 88,791,239 shares, compared to its average volume of 74,721,328. The firm has a fifty day simple moving average of $294.63 and a two-hundred day simple moving average of $291.28. SPDR S&P 500 ETF Trust has a 1 year low of $233.76 and a 1 year high of $302.63.

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

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.

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

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