Watch Point Trust Co Purchases 642 Shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Watch Point Trust Co boosted its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 5.4% in the second quarter, HoldingsChannel reports. The firm owned 12,449 shares of the company’s stock after buying an additional 642 shares during the quarter. SPDR S&P 500 ETF Trust accounts for about 2.1% of Watch Point Trust Co’s holdings, making the stock its 23rd largest holding. Watch Point Trust Co’s holdings in SPDR S&P 500 ETF Trust were worth $3,648,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. TD Asset Management Inc. grew its position in shares of SPDR S&P 500 ETF Trust by 4.5% during the 2nd quarter. TD Asset Management Inc. now owns 12,478,128 shares of the company’s stock valued at $3,656,092,000 after acquiring an additional 540,611 shares during the period. Northern Trust Corp grew its position in shares of SPDR S&P 500 ETF Trust by 4.3% during the 4th quarter. Northern Trust Corp now owns 11,329,689 shares of the company’s stock valued at $2,831,516,000 after acquiring an additional 463,081 shares during the period. Deutsche Bank AG grew its position in shares of SPDR S&P 500 ETF Trust by 18,310.6% during the 4th quarter. Deutsche Bank AG now owns 5,281,830 shares of the company’s stock valued at $1,320,028,000 after acquiring an additional 5,253,141 shares during the period. Thoroughbred Financial Services LLC grew its position in shares of SPDR S&P 500 ETF Trust by 29,237.2% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 4,893,743 shares of the company’s stock valued at $489,374,000 after acquiring an additional 4,877,062 shares during the period. Finally, CHURCHILL MANAGEMENT Corp grew its position in shares of SPDR S&P 500 ETF Trust by 74.9% during the 1st quarter. CHURCHILL MANAGEMENT Corp now owns 2,505,739 shares of the company’s stock valued at $707,821,000 after acquiring an additional 1,072,813 shares during the period.

Shares of SPDR S&P 500 ETF Trust stock traded up $1.26 on Thursday, reaching $285.16. 5,288,384 shares of the company traded hands, compared to its average volume of 75,639,438. SPDR S&P 500 ETF Trust has a 52 week low of $233.76 and a 52 week high of $302.23. The business has a 50 day moving average of $295.99.

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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