Traders Sell Shares of SPDR S&P 500 ETF Trust (SPY) on Strength (SPY)

Investors sold shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) on strength during trading on Tuesday. $1,763.33 million flowed into the stock on the tick-up and $1,835.95 million flowed out of the stock on the tick-down, for a money net flow of $72.62 million out of the stock. Of all equities tracked, SPDR S&P 500 ETF Trust had the 20th highest net out-flow for the day. SPDR S&P 500 ETF Trust traded up $0.48 for the day and closed at $277.85

The business also recently announced a quarterly dividend, which was paid on Thursday, January 31st. Stockholders of record on Monday, December 24th were given a $1.4354 dividend. This represents a $5.74 annualized dividend and a dividend yield of 2.07%. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.32. The ex-dividend date was Friday, December 21st.

Several large investors have recently bought and sold shares of the company. Peak Capital Management LLC purchased a new position in SPDR S&P 500 ETF Trust during the 3rd quarter valued at about $28,000. Murphy Pohlad Asset Management LLC purchased a new position in SPDR S&P 500 ETF Trust during the 4th quarter valued at about $33,000. Riverview Trust Co purchased a new position in SPDR S&P 500 ETF Trust during the 4th quarter valued at about $46,000. Signet Investment Advisory Group Inc. purchased a new position in SPDR S&P 500 ETF Trust during the 4th quarter valued at about $47,000. Finally, Nalls Sherbakoff Group LLC purchased a new position in SPDR S&P 500 ETF Trust during the 4th quarter valued at about $55,000.

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SPDR S&P 500 ETF Trust Company Profile (NYSEARCA:SPY)

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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