Northstar Group Inc. Sells 220 Shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Northstar Group Inc. lessened its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 6.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,336 shares of the company’s stock after selling 220 shares during the period. Northstar Group Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $977,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SPY. Lodestar Investment Counsel LLC IL increased its position in SPDR S&P 500 ETF Trust by 1.7% during the first quarter. Lodestar Investment Counsel LLC IL now owns 11,760 shares of the company’s stock valued at $3,322,000 after acquiring an additional 195 shares during the last quarter. Patten Group Inc. increased its position in SPDR S&P 500 ETF Trust by 1.7% during the second quarter. Patten Group Inc. now owns 14,906 shares of the company’s stock valued at $4,368,000 after acquiring an additional 249 shares during the last quarter. Beacon Investment Advisory Services Inc. boosted its stake in shares of SPDR S&P 500 ETF Trust by 135.2% during the fourth quarter. Beacon Investment Advisory Services Inc. now owns 46,089 shares of the company’s stock valued at $11,519,000 after purchasing an additional 26,494 shares during the period. Carroll Financial Associates Inc. boosted its stake in shares of SPDR S&P 500 ETF Trust by 1.4% during the second quarter. Carroll Financial Associates Inc. now owns 61,463 shares of the company’s stock valued at $18,008,000 after purchasing an additional 865 shares during the period. Finally, Summit Trail Advisors LLC boosted its stake in shares of SPDR S&P 500 ETF Trust by 6.2% during the fourth quarter. Summit Trail Advisors LLC now owns 126,278 shares of the company’s stock valued at $31,735,000 after purchasing an additional 7,319 shares during the period.

Shares of SPY traded down $3.65 during trading hours on Friday, reaching $291.19. 4,170,824 shares of the company traded hands, compared to its average volume of 73,241,734. SPDR S&P 500 ETF Trust has a 12-month low of $233.76 and a 12-month high of $302.23. The stock has a fifty day moving average of $296.48.

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.

Further Reading: What is the price-to-earnings growth (PEG) ratio?

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

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