Keybank National Association OH cut its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 421,639 shares of the company’s stock after selling 4,236 shares during the period. Keybank National Association OH’s holdings in SPDR S&P 500 ETF Trust were worth $123,540,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. Murphy Pohlad Asset Management LLC acquired a new position in SPDR S&P 500 ETF Trust in the fourth quarter valued at about $33,000. Riverview Trust Co bought a new stake in SPDR S&P 500 ETF Trust during the fourth quarter worth about $46,000. Camarda Financial Advisors LLC bought a new stake in SPDR S&P 500 ETF Trust during the second quarter worth about $51,000. Nalls Sherbakoff Group LLC bought a new stake in SPDR S&P 500 ETF Trust during the fourth quarter worth about $55,000. Finally, Arbor Wealth Management LLC bought a new stake in SPDR S&P 500 ETF Trust during the fourth quarter worth about $66,000.
SPY traded up $4.66 on Tuesday, hitting $292.73. 41,353,023 shares of the company were exchanged, compared to its average volume of 75,196,039. SPDR S&P 500 ETF Trust has a 12 month low of $233.76 and a 12 month high of $302.23. The company has a fifty day moving average price of $296.14.
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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