Accredited Investors Inc. Lowers Position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Accredited Investors Inc. trimmed its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 6,550 shares of the company’s stock after selling 155 shares during the quarter. Accredited Investors Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $1,850,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPY. Murphy Pohlad Asset Management LLC bought a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter valued at approximately $33,000. Riverview Trust Co bought a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter valued at approximately $46,000. Signet Investment Advisory Group Inc. bought a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter valued at approximately $47,000. Nalls Sherbakoff Group LLC bought a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter valued at approximately $55,000. Finally, Arbor Wealth Management LLC bought a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter valued at approximately $66,000.

SPY stock opened at $289.26 on Friday. SPDR S&P 500 ETF Trust has a 1-year low of $233.76 and a 1-year high of $294.95.

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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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Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

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

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