Strategic Advisors LLC Cuts Stock Holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Strategic Advisors LLC lowered its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 9.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,252 shares of the company’s stock after selling 128 shares during the quarter. Strategic Advisors LLC’s holdings in SPDR S&P 500 ETF Trust were worth $366,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Northern Trust Corp grew its stake in shares of SPDR S&P 500 ETF Trust by 4.3% during the fourth quarter. Northern Trust Corp now owns 11,329,689 shares of the company’s stock worth $2,831,516,000 after purchasing an additional 463,081 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of SPDR S&P 500 ETF Trust by 10.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,731,925 shares of the company’s stock worth $1,682,441,000 after purchasing an additional 656,289 shares in the last quarter. Deutsche Bank AG grew its stake in shares of SPDR S&P 500 ETF Trust by 18,310.6% during the fourth quarter. Deutsche Bank AG now owns 5,281,830 shares of the company’s stock worth $1,320,028,000 after purchasing an additional 5,253,141 shares in the last quarter. Thoroughbred Financial Services LLC grew its stake in shares of SPDR S&P 500 ETF Trust by 29,237.2% during the second quarter. Thoroughbred Financial Services LLC now owns 4,893,743 shares of the company’s stock worth $489,374,000 after purchasing an additional 4,877,062 shares in the last quarter. Finally, CHURCHILL MANAGEMENT Corp grew its stake in shares of SPDR S&P 500 ETF Trust by 74.9% during the first quarter. CHURCHILL MANAGEMENT Corp now owns 2,505,739 shares of the company’s stock worth $707,821,000 after purchasing an additional 1,072,813 shares in the last quarter.

Shares of SPY stock traded down $2.22 on Friday, reaching $292.62. 116,661,342 shares of the stock were exchanged, compared to its average volume of 73,536,656. The company’s 50 day moving average price is $296.52. SPDR S&P 500 ETF Trust has a twelve month low of $233.76 and a twelve month 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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