Matthew Goff Investment Advisor LLC purchased a new stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,997 shares of the company’s stock, valued at approximately $753,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Ameriprise Financial Inc. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 29.3% in the third quarter. Ameriprise Financial Inc. now owns 8,778,717 shares of the company’s stock valued at $2,209,311,000 after acquiring an additional 1,988,866 shares during the period. Shell Asset Management Co. acquired a new stake in shares of SPDR S&P 500 ETF Trust in the third quarter valued at approximately $1,228,215,000. Northwestern Mutual Investment Management Company LLC boosted its holdings in shares of SPDR S&P 500 ETF Trust by 223.2% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 3,614,380 shares of the company’s stock valued at $757,122,000 after acquiring an additional 2,496,043 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 5.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,574,593 shares of the company’s stock valued at $864,337,000 after acquiring an additional 180,679 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 44.5% in the third quarter. Sei Investments Co. now owns 3,273,972 shares of the company’s stock valued at $822,519,000 after acquiring an additional 1,008,023 shares during the period.

SPDR S&P 500 ETF Trust (NYSEARCA SPY) traded up $0.54 during mid-day trading on Monday, hitting $266.05. The stock had a trading volume of 76,563,800 shares, compared to its average volume of 69,809,555. SPDR S&P 500 ETF Trust has a 1-year low of $222.73 and a 1-year high of $266.80.

Separately, S&P Equity Research initiated coverage on SPDR S&P 500 ETF Trust in a report on Monday. They issued a $3,000.00 price objective for the company.

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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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