ICON Advisers cut its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 45.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,912 shares of the company’s stock after selling 19,088 shares during the period. ICON Advisers’ holdings in SPDR S&P 500 ETF Trust were worth $4,391,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in SPY. Beacon Capital Management raised its position in SPDR S&P 500 ETF Trust by 62.1% in the fourth quarter. Beacon Capital Management now owns 94 shares of the company’s stock valued at $19,000 after buying an additional 36 shares during the last quarter. Loge Solutions bought a new position in SPDR S&P 500 ETF Trust during the third quarter valued at $153,000. Beacon Financial Group raised its position in SPDR S&P 500 ETF Trust by 5.8% in the fourth quarter. Beacon Financial Group now owns 1,193 shares of the company’s stock valued at $245,000 after buying an additional 65 shares during the last quarter. Gerstein Fisher raised its position in SPDR S&P 500 ETF Trust by 2.2% in the third quarter. Gerstein Fisher now owns 3,592 shares of the company’s stock valued at $688,000 after buying an additional 78 shares during the last quarter. Finally, Blue Fin Capital raised its position in SPDR S&P 500 ETF Trust by 8.3% in the fourth quarter. Blue Fin Capital now owns 5,132 shares of the company’s stock valued at $1,046,000 after buying an additional 394 shares during the last quarter.

SPDR S&P 500 ETF Trust (NYSE:SPY) traded up 2.05% during trading on Friday, reaching $190.52. The company’s stock had a trading volume of 168,319,598 shares. The firm has a 50 day moving average price of $199.71 and a 200-day moving average price of $202.84. SPDR S&P 500 ETF Trust has a 52-week low of $181.02 and a 52-week high of $213.78.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 29th. Shareholders of record on Tuesday, December 22nd will be issued a $1.2116 dividend. The ex-dividend date of this dividend is Friday, December 18th. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.02. This represents a $4.85 annualized dividend and a yield of 2.54%.

SPDR S&P 500 ETF Trust (NYSE:SPY) is an exchange traded fund. The Trust corresponds to the price and yield performance of the S&P 500 Index. The S&P 500 Index is composed of 500 selected stocks and spans over 24 separate industry groups. The Fund’s investment sectors include information technology, financials, energy, health care, consumer staples, industrials, consumer discretionary, materials, utilities and telecommunication services.

12 Month Chart for NYSE:SPY

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