SPDR S&P 500 ETF Trust (NYSEARCA:SPY) Stock Position Increased by L & S Advisors Inc

L & S Advisors Inc grew its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 48.3% during the second quarter, Holdings Channel reports. The firm owned 152,380 shares of the company’s stock after purchasing an additional 49,631 shares during the quarter. SPDR S&P 500 ETF Trust comprises about 5.9% of L & S Advisors Inc’s holdings, making the stock its 2nd largest position. L & S Advisors Inc’s holdings in SPDR S&P 500 ETF Trust were worth $44,647,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Blue Chip Partners Inc. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 1.0% in the second quarter. Blue Chip Partners Inc. now owns 3,405 shares of the company’s stock valued at $998,000 after acquiring an additional 35 shares during the period. Fulton Bank N.A. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 3.3% in the first quarter. Fulton Bank N.A. now owns 1,246 shares of the company’s stock valued at $352,000 after acquiring an additional 40 shares during the period. Litman Gregory Asset Management LLC boosted its holdings in shares of SPDR S&P 500 ETF Trust by 0.7% in the second quarter. Litman Gregory Asset Management LLC now owns 5,862 shares of the company’s stock valued at $1,718,000 after acquiring an additional 41 shares during the period. Gratus Capital LLC boosted its holdings in shares of SPDR S&P 500 ETF Trust by 0.4% in the second quarter. Gratus Capital LLC now owns 11,906 shares of the company’s stock valued at $3,488,000 after acquiring an additional 43 shares during the period. Finally, Murphy Middleton Hinkle & Parker Inc. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 0.5% in the first quarter. Murphy Middleton Hinkle & Parker Inc. now owns 8,453 shares of the company’s stock valued at $2,388,000 after acquiring an additional 44 shares during the period.

SPY stock opened at $301.83 on Friday. SPDR S&P 500 ETF Trust has a twelve month low of $233.76 and a twelve month high of $302.46. The business has a 50 day simple moving average of $292.93 and a 200-day simple moving average of $288.94.

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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