Landsberg Bennett & Dubbaneh LLC bought a new stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,456 shares of the company’s stock, valued at approximately $364,000.
A number of other hedge funds also recently added to or reduced their stakes in SPY. Peak Capital Management LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust in the third quarter valued at about $28,000. First PREMIER Bank increased its holdings in SPDR S&P 500 ETF Trust by 134.8% during the fourth quarter. First PREMIER Bank now owns 270 shares of the company’s stock worth $67,000 after buying an additional 155 shares during the last quarter. Heritage Trust Co increased its holdings in SPDR S&P 500 ETF Trust by 69.9% during the fourth quarter. Heritage Trust Co now owns 389 shares of the company’s stock worth $97,000 after buying an additional 160 shares during the last quarter. Highwater Wealth Management LLC purchased a new stake in SPDR S&P 500 ETF Trust during the fourth quarter worth about $110,000. Finally, Bell Rock Capital LLC purchased a new stake in SPDR S&P 500 ETF Trust during the third quarter worth about $112,000.
Shares of NYSEARCA:SPY opened at $274.99 on Thursday. SPDR S&P 500 ETF Trust has a twelve month low of $233.76 and a twelve month high of $293.94.
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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