Gateway Advisory LLC continued to hold its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,846 shares of the exchange traded fund’s stock at the end of the second quarter. Gateway Advisory LLC’s holdings in SPDR S&P 500 ETF Trust were worth $446,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Lockheed Martin Investment Management Co. increased its stake in shares of SPDR S&P 500 ETF Trust by 285.3% in the second quarter. Lockheed Martin Investment Management Co. now owns 99,800 shares of the exchange traded fund’s stock valued at $24,132,000 after buying an additional 73,900 shares during the period. Ferguson Wellman Capital Management Inc. increased its stake in shares of SPDR S&P 500 ETF Trust by 55.1% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 6,108 shares of the exchange traded fund’s stock valued at $1,477,000 after buying an additional 2,169 shares during the period. Osborne Partners Capital Management LLC increased its stake in shares of SPDR S&P 500 ETF Trust by 0.4% in the second quarter. Osborne Partners Capital Management LLC now owns 129,266 shares of the exchange traded fund’s stock valued at $31,257,000 after buying an additional 577 shares during the period. SPC Financial Inc. increased its stake in shares of 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. Finally, Moloney Securities Asset Management LLC increased its stake in shares of SPDR S&P 500 ETF Trust by 1.6% in the second quarter. Moloney Securities Asset Management LLC now owns 6,896 shares of the exchange traded fund’s stock valued at $1,667,000 after buying an additional 107 shares during the period.

Shares of SPDR S&P 500 ETF Trust (SPY) opened at 243.76 on Friday. The company has a 50-day moving average of $244.95 and a 200 day moving average of $238.82. SPDR S&P 500 ETF Trust has a 52 week low of $208.38 and a 52 week high of $248.91.

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Tuesday, June 20th were given a $1.1831 dividend. This represents a $4.73 dividend on an annualized basis and a yield of 1.94%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend was Friday, June 16th.

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Separately, Goldman Sachs Group, Inc. (The) raised their target price on shares of 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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