William Blair Investment Management LLC lowered its position in SPDR S&P 500 ETF Trust (NYSE:SPY) by 7.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,849,724 shares of the exchange traded fund’s stock after selling 146,700 shares during the period. SPDR S&P 500 ETF Trust makes up approximately 1.6% of William Blair Investment Management LLC’s portfolio, making the stock its 3rd largest position. William Blair Investment Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $447,263,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. CKW Financial Group raised its position in shares of SPDR S&P 500 ETF Trust by 0.3% in the second quarter. CKW Financial Group now owns 606 shares of the exchange traded fund’s stock valued at $147,000 after buying an additional 2 shares during the period. Investors Asset Management of Georgia Inc. GA ADV raised its position in shares of SPDR S&P 500 ETF Trust by 0.3% in the second quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 1,183 shares of the exchange traded fund’s stock valued at $286,000 after buying an additional 4 shares during the period. Mcrae Capital Management Inc. raised its position in shares of SPDR S&P 500 ETF Trust by 0.9% in the second quarter. Mcrae Capital Management Inc. now owns 1,405 shares of the exchange traded fund’s stock valued at $340,000 after buying an additional 13 shares during the period. Parkside Financial Bank & Trust raised its position in shares of SPDR S&P 500 ETF Trust by 0.5% in the second quarter. Parkside Financial Bank & Trust now owns 3,229 shares of the exchange traded fund’s stock valued at $780,000 after buying an additional 16 shares during the period. Finally, Endurance Wealth Management Inc. raised its position in shares of SPDR S&P 500 ETF Trust by 0.9% in the second quarter. Endurance Wealth Management Inc. now owns 2,584 shares of the exchange traded fund’s stock valued at $625,000 after buying an additional 24 shares during the period.

SPDR S&P 500 ETF Trust (SPY) opened at 247.84 on Friday. SPDR S&P 500 ETF Trust has a 52 week low of $208.38 and a 52 week high of $248.91. The stock has a 50 day moving average of $246.05 and a 200 day moving average of $240.67.

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Separately, Goldman Sachs Group, Inc. (The) raised their target price on shares of SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a research note on Wednesday, June 28th.

About SPDR S&P 500 ETF Trust

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.

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

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