Solaris Asset Management LLC continued to hold its position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,608 shares of the exchange traded fund’s stock at the end of the second quarter. Solaris Asset Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $1,114,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPY. Osborne Partners Capital Management LLC boosted its position 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. First Citizens Bank & Trust Co. boosted its position in shares of SPDR S&P 500 ETF Trust by 6.4% in the second quarter. First Citizens Bank & Trust Co. now owns 78,963 shares of the exchange traded fund’s stock valued at $19,093,000 after buying an additional 4,761 shares during the period. Greenleaf Trust boosted its position in shares of SPDR S&P 500 ETF Trust by 3.3% in the second quarter. Greenleaf Trust now owns 11,174 shares of the exchange traded fund’s stock valued at $2,702,000 after buying an additional 354 shares during the period. Axel Capital Management LLC boosted its position in shares of SPDR S&P 500 ETF Trust by 18.7% in the second quarter. Axel Capital Management LLC now owns 551,270 shares of the exchange traded fund’s stock valued at $133,297,000 after buying an additional 87,000 shares during the period. Finally, Appropriate Balance Financial Services Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 2.1% in the second quarter. Appropriate Balance Financial Services Inc. now owns 22,812 shares of the exchange traded fund’s stock valued at $94,343,000 after buying an additional 469 shares during the period.

SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 242.71 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 firm has a 50-day moving average of $245.37 and a 200 day moving average of $239.54.

The company also recently declared a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Tuesday, June 20th were issued a $1.1831 dividend. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03. This represents a $4.73 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date was Friday, June 16th.

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Separately, Goldman Sachs Group, Inc. (The) lifted their target price on shares of SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a report 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.

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

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