Barometer Capital Management Inc. Buys Shares of 113,100 SPDR S&P 500 ETF Trust (SPY)

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Barometer Capital Management Inc. bought a new stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 113,100 shares of the company’s stock, valued at approximately $28,266,000. SPDR S&P 500 ETF Trust accounts for about 5.8% of Barometer Capital Management Inc.’s investment portfolio, making the stock its biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. Smith Chas P & Associates PA Cpas grew its position in shares of SPDR S&P 500 ETF Trust by 1.7% during the 4th quarter. Smith Chas P & Associates PA Cpas now owns 2,265 shares of the company’s stock worth $566,000 after buying an additional 38 shares during the period. James Investment Research Inc. grew its position in shares of SPDR S&P 500 ETF Trust by 2.5% during the 4th quarter. James Investment Research Inc. now owns 1,615 shares of the company’s stock worth $404,000 after buying an additional 40 shares during the period. Wells Trecaso Financial Group LLC grew its position in shares of SPDR S&P 500 ETF Trust by 1.5% during the 4th quarter. Wells Trecaso Financial Group LLC now owns 2,654 shares of the company’s stock worth $663,000 after buying an additional 40 shares during the period. Horan Capital Advisors LLC. grew its position in shares of SPDR S&P 500 ETF Trust by 1.5% during the 4th quarter. Horan Capital Advisors LLC. now owns 2,712 shares of the company’s stock worth $678,000 after buying an additional 40 shares during the period. Finally, M&R Capital Management Inc. grew its position in shares of SPDR S&P 500 ETF Trust by 7.4% during the 4th quarter. M&R Capital Management Inc. now owns 592 shares of the company’s stock worth $147,000 after buying an additional 41 shares during the period.

Shares of SPY stock opened at $290.02 on Monday. SPDR S&P 500 ETF Trust has a 52 week low of $233.76 and a 52 week high of $293.94.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, March 18th will be given a dividend of $1.2331 per share. This represents a $4.93 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Friday, March 15th.

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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.

Read More: Price to Earnings Ratio (PE)

Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

Institutional Ownership by Quarter for SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

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