SPDR S&P 500 ETF Trust (NYSEARCA:SPY) Position Boosted by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC increased its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 36.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,150 shares of the company’s stock after buying an additional 1,912 shares during the quarter. Oliver Luxxe Assets LLC’s holdings in SPDR S&P 500 ETF Trust were worth $2,077,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Blue Chip Partners Inc. boosted its stake in SPDR S&P 500 ETF Trust by 1.0% during the 2nd quarter. Blue Chip Partners Inc. now owns 3,405 shares of the company’s stock valued at $998,000 after purchasing an additional 35 shares in the last quarter. ICONIQ Capital LLC boosted its stake in SPDR S&P 500 ETF Trust by 0.4% during the 2nd quarter. ICONIQ Capital LLC now owns 9,534 shares of the company’s stock valued at $2,807,000 after purchasing an additional 40 shares in the last quarter. Litman Gregory Asset Management LLC boosted its stake in SPDR S&P 500 ETF Trust by 0.7% during the 2nd quarter. Litman Gregory Asset Management LLC now owns 5,862 shares of the company’s stock valued at $1,718,000 after purchasing an additional 41 shares in the last quarter. Douglass Winthrop Advisors LLC boosted its stake in SPDR S&P 500 ETF Trust by 1.3% during the 3rd quarter. Douglass Winthrop Advisors LLC now owns 3,253 shares of the company’s stock valued at $965,000 after purchasing an additional 42 shares in the last quarter. Finally, Gratus Capital LLC boosted its stake in SPDR S&P 500 ETF Trust by 0.4% during the 2nd quarter. Gratus Capital LLC now owns 11,906 shares of the company’s stock valued at $3,488,000 after purchasing an additional 43 shares in the last quarter.

Shares of SPY traded down $0.63 during trading hours on Wednesday, hitting $298.25. 2,331,521 shares of the company were exchanged, compared to its average volume of 74,549,484. The firm has a fifty day simple moving average of $295.53 and a 200-day simple moving average of $291.72. SPDR S&P 500 ETF Trust has a one year low of $233.76 and a one year high of $302.63.

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

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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