Clarus Wealth Advisors trimmed its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 5.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,786 shares of the company’s stock after selling 407 shares during the period. SPDR S&P 500 ETF Trust accounts for 1.5% of Clarus Wealth Advisors’ investment portfolio, making the stock its 14th biggest position. Clarus Wealth Advisors’ holdings in SPDR S&P 500 ETF Trust were worth $2,014,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in SPY. Morgan Stanley lifted its stake in SPDR S&P 500 ETF Trust by 29.6% in the second quarter. Morgan Stanley now owns 34,706,179 shares of the company’s stock worth $10,168,910,000 after purchasing an additional 7,924,250 shares during the last quarter. Bogart Wealth LLC lifted its stake in shares of SPDR S&P 500 ETF Trust by 2,245,986.8% in the third quarter. Bogart Wealth LLC now owns 12,802,695 shares of the company’s stock worth $12,971,000 after buying an additional 12,802,125 shares in the last quarter. TD Asset Management Inc. lifted its stake in shares of SPDR S&P 500 ETF Trust by 4.5% in the second quarter. TD Asset Management Inc. now owns 12,478,128 shares of the company’s stock worth $3,656,092,000 after buying an additional 540,611 shares in the last quarter. Northern Trust Corp lifted its stake in shares of SPDR S&P 500 ETF Trust by 2.3% in the second quarter. Northern Trust Corp now owns 11,773,892 shares of the company’s stock worth $3,449,751,000 after buying an additional 261,439 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its stake in shares of SPDR S&P 500 ETF Trust by 5.1% in the second quarter. Allianz Asset Management GmbH now owns 7,802,342 shares of the company’s stock worth $2,286,087,000 after buying an additional 378,185 shares in the last quarter.
Shares of NYSEARCA SPY traded up $3.02 during midday trading on Friday, hitting $296.26. The stock had a trading volume of 76,247,713 shares, compared to its average volume of 74,721,328. The business’s 50 day moving average is $294.63 and its 200-day moving average is $291.28. 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 announced a — dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd will be paid a $1.3836 dividend. The ex-dividend date is Friday, September 20th. This represents a dividend yield of 1.8%.
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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