Polaris Greystone Financial Group LLC raised its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 6.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,647 shares of the company’s stock after acquiring an additional 152 shares during the period. Polaris Greystone Financial Group LLC’s holdings in SPDR S&P 500 ETF Trust were worth $783,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Murphy Pohlad Asset Management LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust during the 4th quarter worth $33,000. Riverview Trust Co acquired a new stake in shares of SPDR S&P 500 ETF Trust during the 4th quarter worth $46,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust during the 4th quarter worth $55,000. Contravisory Investment Management Inc. increased its holdings in shares of SPDR S&P 500 ETF Trust by 43.2% during the 2nd 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. Finally, Peachtree Investment Partners LLC acquired a new stake in SPDR S&P 500 ETF Trust in the 4th quarter valued at $662,000.
NYSEARCA SPY traded down $2.47 during trading hours on Wednesday, hitting $285.33. The company had a trading volume of 8,855,468 shares, compared to its average volume of 74,547,016. SPDR S&P 500 ETF Trust has a fifty-two week low of $233.76 and a fifty-two week high of $302.23. The business’s 50 day moving average is $296.51.
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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