SPDR S&P 500 ETF Trust (NYSEARCA:SPY) Shares Acquired by Acropolis Investment Management LLC

Acropolis Investment Management LLC lifted its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 6.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,859 shares of the company’s stock after purchasing an additional 114 shares during the quarter. Acropolis Investment Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $552,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. NuWave Investment Management LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust during the 3rd quarter valued at approximately $875,000. Wambolt & Associates LLC raised its position in shares of SPDR S&P 500 ETF Trust by 16.7% during the 3rd quarter. Wambolt & Associates LLC now owns 3,431 shares of the company’s stock valued at $1,018,000 after buying an additional 490 shares during the period. Roman Butler Fullerton & Co. raised its position in shares of SPDR S&P 500 ETF Trust by 3.4% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 1,530 shares of the company’s stock valued at $454,000 after buying an additional 51 shares during the period. Valeo Financial Advisors LLC raised its position in shares of SPDR S&P 500 ETF Trust by 8.3% during the 3rd quarter. Valeo Financial Advisors LLC now owns 582,620 shares of the company’s stock valued at $167,391,000 after buying an additional 44,412 shares during the period. Finally, IFG Advisors LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust during the 3rd quarter valued at approximately $10,386,000.

Shares of SPY stock traded up $3.18 during trading on Tuesday, hitting $299.13. 2,775,810 shares of the stock traded hands, compared to its average volume of 74,684,656. The firm’s fifty day moving average price is $295.24 and its 200-day moving average price is $291.62. SPDR S&P 500 ETF Trust has a 52-week low of $233.76 and a 52-week high of $302.63.

The company also recently declared a — dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd will be given a dividend of $1.3836 per share. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, September 20th.

SPDR S&P 500 ETF Trust Profile

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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