Condor Capital Management Sells 1,901 Shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Condor Capital Management lowered its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 88,675 shares of the company’s stock after selling 1,901 shares during the quarter. SPDR S&P 500 ETF Trust makes up approximately 4.0% of Condor Capital Management’s holdings, making the stock its 2nd largest position. Condor Capital Management’s holdings in SPDR S&P 500 ETF Trust were worth $22,162,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in SPY. Institute for Wealth Management LLC. lifted its position in shares of SPDR S&P 500 ETF Trust by 32.8% during the 4th quarter. Institute for Wealth Management LLC. now owns 20,006 shares of the company’s stock worth $4,998,000 after purchasing an additional 4,943 shares during the last quarter. F3Logic LLC raised its holdings in SPDR S&P 500 ETF Trust by 335.1% in the 4th quarter. F3Logic LLC now owns 19,759 shares of the company’s stock valued at $4,932,000 after buying an additional 15,218 shares during the period. Westfield Capital Management Co. LP purchased a new stake in SPDR S&P 500 ETF Trust in the 4th quarter valued at about $495,000. OLD Dominion Capital Management Inc. raised its holdings in SPDR S&P 500 ETF Trust by 87.8% in the 4th quarter. OLD Dominion Capital Management Inc. now owns 6,215 shares of the company’s stock valued at $1,553,000 after buying an additional 2,905 shares during the period. Finally, Delta Asset Management LLC TN raised its holdings in SPDR S&P 500 ETF Trust by 14.9% in the 4th quarter. Delta Asset Management LLC TN now owns 927 shares of the company’s stock valued at $232,000 after buying an additional 120 shares during the period.

NYSEARCA:SPY traded up $0.52 on Wednesday, reaching $290.68. 8,999,241 shares of the company’s stock were exchanged, compared to its average volume of 79,326,422. SPDR S&P 500 ETF Trust has a 52-week low of $233.76 and a 52-week high of $293.94.

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

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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.

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

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