SVA Wealth Management LLC increased its stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 9.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,024 shares of the company’s stock after buying an additional 361 shares during the period. SVA Wealth Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $1,179,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SPY. Camarda Financial Advisors LLC bought a new position in SPDR S&P 500 ETF Trust in the second quarter valued at about $51,000. Arbor Wealth Management LLC acquired a new position in SPDR S&P 500 ETF Trust in the 4th quarter worth about $66,000. Contravisory Investment Management Inc. grew its position in shares of SPDR S&P 500 ETF Trust by 43.2% in the 2nd quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock valued at $71,000 after buying an additional 73 shares during the last quarter. Founders Capital Management grew its position in shares of SPDR S&P 500 ETF Trust by 23.2% in the 2nd quarter. Founders Capital Management now owns 260 shares of the company’s stock valued at $76,000 after buying an additional 49 shares during the last quarter. Finally, Paragon Capital Management LLC bought a new stake in shares of SPDR S&P 500 ETF Trust in the 1st quarter valued at about $79,000.

Shares of NYSEARCA SPY traded down $0.87 during trading on Monday, reaching $300.13. The company had a trading volume of 34,795,541 shares, compared to its average volume of 74,736,547. The company’s fifty day moving average price is $292.95 and its 200-day moving average price is $289.05. SPDR S&P 500 ETF Trust has a 12 month low of $233.76 and a 12 month high of $302.46.

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.

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

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