SPDR S&P 500 ETF Trust (SPY) Stake Boosted by Mcmillion Capital Management Inc.
Mcmillion Capital Management Inc. grew its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 12,800 shares of the company’s stock after purchasing an additional 461 shares during the period. SPDR S&P 500 ETF Trust makes up about 2.0% of Mcmillion Capital Management Inc.’s portfolio, making the stock its 21st biggest position. Mcmillion Capital Management Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $3,721,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of SPY. Patriot Financial Group Insurance Agency LLC grew its position in SPDR S&P 500 ETF Trust by 402.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 437 shares of the company’s stock worth $127,000 after acquiring an additional 350 shares during the last quarter. Moody National Bank Trust Division bought a new stake in SPDR S&P 500 ETF Trust during the 3rd quarter worth $128,000. Hartford Financial Management Inc. bought a new stake in SPDR S&P 500 ETF Trust during the 2nd quarter worth $139,000. LifePlan Financial Group Inc grew its position in SPDR S&P 500 ETF Trust by 48.6% during the 2nd quarter. LifePlan Financial Group Inc now owns 575 shares of the company’s stock worth $156,000 after acquiring an additional 188 shares during the last quarter. Finally, WP Advisors LLC bought a new stake in SPDR S&P 500 ETF Trust during the 2nd quarter worth $165,000.
Shares of SPY stock opened at $273.02 on Friday. SPDR S&P 500 ETF Trust has a twelve month low of $252.92 and a twelve month high of $293.94.
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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.
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