SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is Squar Milner Financial Services LLC’s 5th Largest Position

Squar Milner Financial Services LLC cut its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.2% in the second quarter, HoldingsChannel.com reports. The firm owned 11,329 shares of the company’s stock after selling 142 shares during the quarter. SPDR S&P 500 ETF Trust comprises about 2.2% of Squar Milner Financial Services LLC’s investment portfolio, making the stock its 5th biggest holding. Squar Milner Financial Services LLC’s holdings in SPDR S&P 500 ETF Trust were worth $3,319,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. HCR Wealth Advisors grew its stake in SPDR S&P 500 ETF Trust by 4.5% during the second quarter. HCR Wealth Advisors now owns 6,309 shares of the company’s stock valued at $1,848,000 after acquiring an additional 269 shares in the last quarter. Busey Wealth Management grew its stake in SPDR S&P 500 ETF Trust by 3.7% during the second quarter. Busey Wealth Management now owns 86,187 shares of the company’s stock valued at $25,252,000 after acquiring an additional 3,112 shares in the last quarter. Elefante Mark B grew its stake in SPDR S&P 500 ETF Trust by 155.7% during the second quarter. Elefante Mark B now owns 5,286 shares of the company’s stock valued at $1,549,000 after acquiring an additional 3,219 shares in the last quarter. Claro Advisors LLC grew its stake in SPDR S&P 500 ETF Trust by 45.0% during the second quarter. Claro Advisors LLC now owns 17,296 shares of the company’s stock valued at $5,068,000 after acquiring an additional 5,371 shares in the last quarter. Finally, Hyman Charles D grew its stake in SPDR S&P 500 ETF Trust by 13.9% during the second quarter. Hyman Charles D now owns 1,771 shares of the company’s stock valued at $519,000 after acquiring an additional 216 shares in the last quarter.

SPY traded up $0.49 during trading on Tuesday, hitting $284.54. 39,461,256 shares of the company traded hands, compared to its average volume of 74,228,633. The stock has a 50-day moving average price of $296.58. SPDR S&P 500 ETF Trust has a 1 year low of $233.76 and a 1 year high of $302.23.

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

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