Stordahl Capital Management Inc. Reduces Stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Stordahl Capital Management Inc. lessened its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 34,590 shares of the company’s stock after selling 623 shares during the period. SPDR S&P 500 ETF Trust comprises approximately 4.0% of Stordahl Capital Management Inc.’s investment portfolio, making the stock its 9th largest holding. Stordahl Capital Management Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $10,367,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPY. Murphy Pohlad Asset Management LLC acquired a new position in SPDR S&P 500 ETF Trust during the fourth quarter worth approximately $33,000. Riverview Trust Co acquired a new position in SPDR S&P 500 ETF Trust during the fourth quarter worth approximately $46,000. Nalls Sherbakoff Group LLC acquired a new position in SPDR S&P 500 ETF Trust during the fourth quarter worth approximately $55,000. Arbor Wealth Management LLC acquired a new position in SPDR S&P 500 ETF Trust during the fourth quarter worth approximately $66,000. Finally, Contravisory Investment Management Inc. increased its position in SPDR S&P 500 ETF Trust by 43.2% during the second quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock worth $71,000 after buying an additional 73 shares during the last quarter.

NYSEARCA SPY traded down $2.22 during trading on Friday, reaching $292.62. 116,661,342 shares of the company’s stock were exchanged, compared to its average volume of 73,536,656. The firm’s 50 day simple moving average is $296.52. SPDR S&P 500 ETF Trust has a fifty-two week low of $233.76 and a fifty-two week high of $302.23.

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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