Personal Wealth Partners reduced its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,263 shares of the company’s stock after selling 502 shares during the period. SPDR S&P 500 ETF Trust comprises about 3.7% of Personal Wealth Partners’ investment portfolio, making the stock its 8th biggest position. Personal Wealth Partners’ holdings in SPDR S&P 500 ETF Trust were worth $7,695,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the stock. Murphy Pohlad Asset Management LLC acquired a new position in SPDR S&P 500 ETF Trust during the fourth quarter valued at approximately $33,000. Riverview Trust Co bought a new stake in SPDR S&P 500 ETF Trust during the fourth quarter worth $46,000. Nalls Sherbakoff Group LLC bought a new stake in SPDR S&P 500 ETF Trust during the fourth quarter worth $55,000. Arbor Wealth Management LLC bought a new stake in SPDR S&P 500 ETF Trust during the fourth quarter worth $66,000. Finally, Contravisory Investment Management Inc. raised its position in SPDR S&P 500 ETF Trust by 43.2% during the second quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock worth $71,000 after acquiring an additional 73 shares in the last quarter.
NYSEARCA SPY traded down $2.00 on Friday, hitting $291.62. 81,549,856 shares of the stock were exchanged, compared to its average volume of 75,196,039. The business has a fifty day simple moving average of $296.36. SPDR S&P 500 ETF Trust has a 52 week low of $233.76 and a 52 week high of $302.23.
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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