Capital Planning Advisors LLC cut its stake in SPDR S&P 500 ETF Trust (NYSE:SPY) by 3.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,882 shares of the exchange traded fund’s stock after selling 105 shares during the period. Capital Planning Advisors LLC’s holdings in SPDR S&P 500 ETF Trust were worth $697,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Kings Point Capital Management boosted its holdings in SPDR S&P 500 ETF Trust by 1.5% in the 2nd quarter. Kings Point Capital Management now owns 1,617 shares of the exchange traded fund’s stock valued at $391,000 after purchasing an additional 24 shares during the period. Buckingham Asset Management LLC boosted its holdings in SPDR S&P 500 ETF Trust by 57.5% in the 2nd quarter. Buckingham Asset Management LLC now owns 13,927 shares of the exchange traded fund’s stock valued at $3,367,000 after purchasing an additional 5,084 shares during the period. Neuberger Berman Group LLC boosted its holdings in SPDR S&P 500 ETF Trust by 0.9% in the 2nd quarter. Neuberger Berman Group LLC now owns 106,383 shares of the exchange traded fund’s stock valued at $25,724,000 after purchasing an additional 910 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in SPDR S&P 500 ETF Trust by 81.2% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 123,100 shares of the exchange traded fund’s stock valued at $29,766,000 after purchasing an additional 55,160 shares during the period. Finally, BDO Wealth Advisors LLC bought a new stake in SPDR S&P 500 ETF Trust in the 2nd quarter valued at $2,287,000.

Shares of SPDR S&P 500 ETF Trust (NYSE SPY) opened at 250.05 on Wednesday. The firm has a 50-day moving average of $246.16 and a 200-day moving average of $241.18. SPDR S&P 500 ETF Trust has a one year low of $208.38 and a one year high of $250.09.

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

WARNING: “Capital Planning Advisors LLC Trims Holdings in SPDR S&P 500 ETF Trust (SPY)” was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another site, it was stolen and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/09/13/capital-planning-advisors-llc-trims-holdings-in-spdr-sp-500-etf-trust-spy.html.

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.

Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSE:SPY).

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

Receive News & Stock Ratings for SPDR S&P 500 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 500 ETF Trust and related stocks with our FREE daily email newsletter.