SPDR S&P 500 ETF Trust (NYSEARCA:SPY) Shares Sold by NTV Asset Management LLC

NTV Asset Management LLC decreased its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,344 shares of the company’s stock after selling 1,303 shares during the quarter. SPDR S&P 500 ETF Trust accounts for approximately 5.7% of NTV Asset Management LLC’s holdings, making the stock its largest position. NTV Asset Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $19,732,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Murphy Pohlad Asset Management LLC bought a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter worth approximately $33,000. Riverview Trust Co bought a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter worth approximately $46,000. Nalls Sherbakoff Group LLC bought a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter worth approximately $55,000. Contravisory Investment Management Inc. lifted its holdings in shares of SPDR S&P 500 ETF Trust by 43.2% in the 2nd quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock worth $71,000 after purchasing an additional 73 shares during the last quarter. Finally, Peachtree Investment Partners LLC bought a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter worth approximately $662,000.

Shares of NYSEARCA SPY traded down $1.67 during mid-day trading on Friday, hitting $291.95. The company had a trading volume of 47,930,088 shares, compared to its average volume of 75,067,734. SPDR S&P 500 ETF Trust has a 12 month low of $233.76 and a 12 month high of $302.23. The firm’s 50 day simple moving average is $296.42.

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.

Further Reading: How Do Front-End Loads Impact an Investment?

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

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