SPDR S&P 500 ETF Trust (NYSEARCA:SPY) Stock Position Lowered by Kelman Lazarov Inc.

Kelman Lazarov Inc. lessened its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 3.4% in the 2nd quarter, Holdings Channel reports. The fund owned 9,564 shares of the company’s stock after selling 336 shares during the period. SPDR S&P 500 ETF Trust makes up approximately 1.4% of Kelman Lazarov Inc.’s investment portfolio, making the stock its 17th biggest holding. Kelman Lazarov Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $2,802,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Lodestar Investment Counsel LLC IL lifted its position in SPDR S&P 500 ETF Trust by 1.7% in the 1st quarter. Lodestar Investment Counsel LLC IL now owns 11,760 shares of the company’s stock worth $3,322,000 after buying an additional 195 shares in the last quarter. Patten Group Inc. lifted its position in SPDR S&P 500 ETF Trust by 1.7% in the 2nd quarter. Patten Group Inc. now owns 14,906 shares of the company’s stock worth $4,368,000 after buying an additional 249 shares in the last quarter. Beacon Investment Advisory Services Inc. lifted its position in SPDR S&P 500 ETF Trust by 135.2% in the 4th quarter. Beacon Investment Advisory Services Inc. now owns 46,089 shares of the company’s stock worth $11,519,000 after buying an additional 26,494 shares in the last quarter. Summit Trail Advisors LLC lifted its position in SPDR S&P 500 ETF Trust by 6.2% in the 4th quarter. Summit Trail Advisors LLC now owns 126,278 shares of the company’s stock worth $31,735,000 after buying an additional 7,319 shares in the last quarter. Finally, GAM Holding AG lifted its position in SPDR S&P 500 ETF Trust by 420.9% in the 4th quarter. GAM Holding AG now owns 35,617 shares of the company’s stock worth $8,901,000 after buying an additional 28,780 shares in the last quarter.

SPY stock traded up $0.08 during midday trading on Wednesday, reaching $300.80. The company had a trading volume of 1,346,376 shares, compared to its average volume of 72,549,203. SPDR S&P 500 ETF Trust has a 1 year low of $233.76 and a 1 year high of $302.23. The company’s 50 day moving average price is $296.06.

SPDR S&P 500 ETF Trust Company 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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