Managed Asset Portfolios LLC Makes New Investment in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)
Managed Asset Portfolios LLC acquired a new position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 1,272 shares of the company’s stock, valued at approximately $377,000. SPDR S&P 500 ETF Trust makes up 0.1% of Managed Asset Portfolios LLC’s holdings, making the stock its 27th largest position.
Other large investors have also recently bought and sold shares of the company. Camarda Financial Advisors LLC acquired a new position in SPDR S&P 500 ETF Trust in the second quarter valued at approximately $51,000. Atwater Malick LLC acquired a new position in SPDR S&P 500 ETF Trust during the third quarter worth $70,000. Contravisory Investment Management Inc. lifted its stake in SPDR S&P 500 ETF Trust by 43.2% during the second quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock worth $71,000 after purchasing an additional 73 shares in the last quarter. Founders Capital Management lifted its stake in SPDR S&P 500 ETF Trust by 23.2% during the second quarter. Founders Capital Management now owns 260 shares of the company’s stock worth $76,000 after purchasing an additional 49 shares in the last quarter. Finally, Financial Advantage Inc. acquired a new position in SPDR S&P 500 ETF Trust during the third quarter worth $81,000.
NYSEARCA:SPY traded up $0.75 during trading hours on Friday, reaching $308.93. 49,026,180 shares of the stock were exchanged, compared to its average volume of 72,494,539. The business has a 50-day moving average of $298.65 and a two-hundred day moving average of $293.44. SPDR S&P 500 ETF Trust has a twelve month low of $233.76 and a twelve month high of $309.65.
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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