WESPAC Advisors LLC Acquires Shares of 704 SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

WESPAC Advisors LLC acquired a new stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 704 shares of the company’s stock, valued at approximately $206,000.

A number of other hedge funds also recently made changes to their positions in SPY. Murphy Pohlad Asset Management LLC bought a new position in shares of SPDR S&P 500 ETF Trust during the fourth quarter valued at approximately $33,000. Riverview Trust Co bought a new position in shares of SPDR S&P 500 ETF Trust during the fourth quarter valued at approximately $46,000. Nalls Sherbakoff Group LLC bought a new position in shares of SPDR S&P 500 ETF Trust during the fourth quarter valued at approximately $55,000. Arbor Wealth Management LLC bought a new position in shares of SPDR S&P 500 ETF Trust during the fourth quarter valued at approximately $66,000. Finally, Contravisory Investment Management Inc. raised its holdings in shares of 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 valued at $71,000 after acquiring an additional 73 shares in the last quarter.

Shares of SPDR S&P 500 ETF Trust stock traded down $2.22 during midday trading on Friday, reaching $292.62. 116,661,342 shares of the company’s stock traded hands, compared to its average volume of 73,536,656. The company’s 50 day moving average is $296.52. SPDR S&P 500 ETF Trust has a 12 month low of $233.76 and a 12 month 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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