Financial Advisory Group lifted its position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 249,549 shares of the exchange traded fund’s stock after acquiring an additional 5,250 shares during the period. SPDR S&P 500 ETF Trust comprises approximately 20.3% of Financial Advisory Group’s holdings, making the stock its largest holding. Financial Advisory Group’s holdings in SPDR S&P 500 ETF Trust were worth $60,341,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SPY. Osborne Partners Capital Management LLC raised its position in shares of SPDR S&P 500 ETF Trust by 0.4% during the 2nd quarter. Osborne Partners Capital Management LLC now owns 129,266 shares of the exchange traded fund’s stock valued at $31,257,000 after acquiring an additional 577 shares in the last quarter. First Citizens Bank & Trust Co. raised its position in shares of SPDR S&P 500 ETF Trust by 6.4% during the 2nd quarter. First Citizens Bank & Trust Co. now owns 78,963 shares of the exchange traded fund’s stock valued at $19,093,000 after acquiring an additional 4,761 shares in the last quarter. Greenleaf Trust raised its position in shares of SPDR S&P 500 ETF Trust by 3.3% during the 2nd quarter. Greenleaf Trust now owns 11,174 shares of the exchange traded fund’s stock valued at $2,702,000 after acquiring an additional 354 shares in the last quarter. Axel Capital Management LLC raised its position in shares of SPDR S&P 500 ETF Trust by 18.7% during the 2nd quarter. Axel Capital Management LLC now owns 551,270 shares of the exchange traded fund’s stock valued at $133,297,000 after acquiring an additional 87,000 shares in the last quarter. Finally, Appropriate Balance Financial Services Inc. raised its position in shares of SPDR S&P 500 ETF Trust by 2.1% during the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 22,812 shares of the exchange traded fund’s stock valued at $94,343,000 after acquiring an additional 469 shares in the last quarter.

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

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Shares of SPDR S&P 500 ETF Trust (SPY) opened at 246.58 on Monday. The firm has a 50-day moving average price of $246.09 and a 200 day moving average price of $241.02. SPDR S&P 500 ETF Trust has a 12 month low of $208.38 and a 12 month high of $248.91.

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.

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

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