First National Bank Sioux Falls decreased its position in SPDR S&P 500 ETF Trust (NYSE:SPY) by 0.3% during the second quarter, Holdings Channel reports. The institutional investor owned 2,672 shares of the exchange traded fund’s stock after selling 7 shares during the period. SPDR S&P 500 ETF Trust accounts for approximately 2.7% of First National Bank Sioux Falls’ portfolio, making the stock its 13th largest position. First National Bank Sioux Falls’ holdings in SPDR S&P 500 ETF Trust were worth $646,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Lockheed Martin Investment Management Co. increased its position in 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 worth $24,132,000 after buying an additional 73,900 shares in the last quarter. Ferguson Wellman Capital Management Inc. increased its position in 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 worth $1,477,000 after buying an additional 2,169 shares in the last quarter. Osborne Partners Capital Management LLC increased its position in 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 worth $31,257,000 after buying an additional 577 shares in the last quarter. SPC Financial Inc. increased 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 worth $413,000 after buying an additional 507 shares in the last quarter. Finally, Moloney Securities Asset Management LLC increased its position in 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 worth $1,667,000 after buying an additional 107 shares in the last quarter.

Shares of SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 244.12 on Friday. SPDR S&P 500 ETF Trust has a one year low of $208.38 and a one year high of $248.91. The stock has a 50 day moving average of $244.99 and a 200-day moving average of $238.95. SPDR S&P 500 ETF Trust also was the target of unusually large options trading activity on Thursday. Stock traders acquired 1,798,225 put options on the stock. This represents an increase of 150% compared to the typical daily volume of 718,356 put options.

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

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

About SPDR S&P 500 ETF Trust

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.

Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSE:SPY).

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

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