SPDR S&P 500 ETF Trust (SPY) is Financial Services Advisory Inc’s Largest Position

Financial Services Advisory Inc boosted its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 488.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 101,122 shares of the company’s stock after buying an additional 83,923 shares during the quarter. SPDR S&P 500 ETF Trust makes up about 19.6% of Financial Services Advisory Inc’s holdings, making the stock its largest position. Financial Services Advisory Inc’s holdings in SPDR S&P 500 ETF Trust were worth $29,398,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Hartford Financial Management Inc. acquired a new position in SPDR S&P 500 ETF Trust in the second quarter valued at $139,000. LifePlan Financial Group Inc boosted its stake in SPDR S&P 500 ETF Trust by 48.6% in the second quarter. LifePlan Financial Group Inc now owns 575 shares of the company’s stock valued at $156,000 after acquiring an additional 188 shares in the last quarter. WP Advisors LLC acquired a new position in SPDR S&P 500 ETF Trust in the second quarter valued at $165,000. AllSquare Wealth Management LLC boosted its stake in SPDR S&P 500 ETF Trust by 182.8% in the first quarter. AllSquare Wealth Management LLC now owns 642 shares of the company’s stock valued at $169,000 after acquiring an additional 415 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV boosted its stake in SPDR S&P 500 ETF Trust by 15,227.1% in the second quarter. Mainstay Capital Management LLC ADV now owns 43,529 shares of the company’s stock valued at $194,000 after acquiring an additional 43,245 shares in the last quarter.

NYSEARCA SPY opened at $275.95 on Friday. SPDR S&P 500 ETF Trust has a 1 year low of $252.92 and a 1 year high of $293.94.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Monday, September 24th will be paid a $1.3226 dividend. This represents a $5.29 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend is Friday, September 21st. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25.

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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