Alpha Cubed Investments LLC raised its stake in SPDR S&P 500 ETF Trust (NYSE:SPY) by 30.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 22,015 shares of the exchange traded fund’s stock after buying an additional 5,116 shares during the period. Alpha Cubed Investments LLC’s holdings in SPDR S&P 500 ETF Trust were worth $5,323,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Investors Asset Management of Georgia Inc. GA ADV boosted its position in SPDR S&P 500 ETF Trust by 0.3% in the second quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 1,183 shares of the exchange traded fund’s stock valued at $286,000 after buying an additional 4 shares during the period. Park Avenue Securities LLC acquired a new position in SPDR S&P 500 ETF Trust during the second quarter valued at approximately $336,000. SPC Financial Inc. boosted its position in SPDR S&P 500 ETF Trust by 42.3% in the second quarter. SPC Financial Inc. now owns 1,707 shares of the exchange traded fund’s stock valued at $413,000 after buying an additional 507 shares during the period. Mraz Amerine & Associates Inc. boosted its position in SPDR S&P 500 ETF Trust by 20.2% in the second quarter. Mraz Amerine & Associates Inc. now owns 1,788 shares of the exchange traded fund’s stock valued at $432,000 after buying an additional 300 shares during the period. Finally, Stack Financial Management Inc boosted its position in SPDR S&P 500 ETF Trust by 18.0% in the second quarter. Stack Financial Management Inc now owns 2,063 shares of the exchange traded fund’s stock valued at $499,000 after buying an additional 315 shares during the period.

Shares of SPDR S&P 500 ETF Trust (NYSE SPY) opened at 247.41 on Friday. SPDR S&P 500 ETF Trust has a 52 week low of $208.38 and a 52 week high of $248.00. The firm’s 50-day moving average price is $244.32 and its 200 day moving average price is $238.05.

The firm also recently declared a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Tuesday, June 20th were given a $1.1831 dividend. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03. This represents a $4.73 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend was Friday, June 16th.

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

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 (NYSE:SPY)

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