First Midwest Bank Trust Division Increases Stake in SPDR S&P 500 ETF Trust (SPY)

First Midwest Bank Trust Division lifted its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 27.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 159,995 shares of the company’s stock after purchasing an additional 34,027 shares during the period. SPDR S&P 500 ETF Trust makes up about 6.1% of First Midwest Bank Trust Division’s holdings, making the stock its biggest position. First Midwest Bank Trust Division’s holdings in SPDR S&P 500 ETF Trust were worth $43,403,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in SPY. HC Financial Advisors Inc. acquired a new position in SPDR S&P 500 ETF Trust during the fourth quarter valued at $420,000. Sage Advisory Services Ltd.Co. acquired a new position in SPDR S&P 500 ETF Trust during the first quarter valued at $1,028,000. Berkshire Money Management Inc. raised its position in SPDR S&P 500 ETF Trust by 5.6% during the first quarter. Berkshire Money Management Inc. now owns 345,939 shares of the company’s stock valued at $91,034,000 after buying an additional 18,344 shares during the period. Fort Washington Investment Advisors Inc. OH raised its position in SPDR S&P 500 ETF Trust by 10.9% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 614,583 shares of the company’s stock valued at $161,728,000 after buying an additional 60,525 shares during the period. Finally, HL Financial Services LLC raised its position in SPDR S&P 500 ETF Trust by 5.2% during the first quarter. HL Financial Services LLC now owns 42,326 shares of the company’s stock valued at $11,138,000 after buying an additional 2,106 shares during the period.

NYSEARCA:SPY opened at $283.90 on Wednesday. SPDR S&P 500 ETF Trust has a 1-year low of $241.83 and a 1-year high of $286.63.



The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 31st. Investors of record on Monday, June 18th were given a dividend of $1.2456 per share. This represents a $4.98 annualized dividend and a yield of 1.75%. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend was Friday, June 15th.

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 (NYSEARCA:SPY)

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