SPDR S&P 500 ETF Trust (SPY) is Valeo Financial Advisors LLC’s Largest Position

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Valeo Financial Advisors LLC raised its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 6.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 435,836 shares of the company’s stock after acquiring an additional 25,088 shares during the period. SPDR S&P 500 ETF Trust comprises 17.2% of Valeo Financial Advisors LLC’s holdings, making the stock its biggest holding. Valeo Financial Advisors LLC’s holdings in SPDR S&P 500 ETF Trust were worth $122,961,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Peavine Capital LLC grew its position in SPDR S&P 500 ETF Trust by 1.7% in the second quarter. Peavine Capital LLC now owns 285,398 shares of the company’s stock valued at $77,423,000 after acquiring an additional 4,669 shares during the last quarter. Biltmore Family Office LLC grew its holdings in shares of SPDR S&P 500 ETF Trust by 10.9% during the second quarter. Biltmore Family Office LLC now owns 4,479 shares of the company’s stock worth $1,221,000 after purchasing an additional 442 shares during the last quarter. State of Wisconsin Investment Board grew its holdings in shares of SPDR S&P 500 ETF Trust by 250.7% during the second quarter. State of Wisconsin Investment Board now owns 210,224 shares of the company’s stock worth $57,030,000 after purchasing an additional 150,286 shares during the last quarter. G&S Capital LLC grew its holdings in shares of SPDR S&P 500 ETF Trust by 70.8% during the second quarter. G&S Capital LLC now owns 1,804 shares of the company’s stock worth $489,000 after purchasing an additional 748 shares during the last quarter. Finally, KBC Group NV grew its holdings in shares of SPDR S&P 500 ETF Trust by 27.6% during the second quarter. KBC Group NV now owns 39,215 shares of the company’s stock worth $10,638,000 after purchasing an additional 8,483 shares during the last quarter.

NYSEARCA:SPY opened at $291.02 on Tuesday. SPDR S&P 500 ETF Trust has a 1-year low of $248.08 and a 1-year high of $293.94.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 31st. Stockholders of record on Monday, September 24th will be issued a dividend of $1.3226 per share. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. This represents a $5.29 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Friday, September 21st.

SPDR S&P 500 ETF Trust Company 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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