SPDR S&P 500 ETF Trust (SPY) Shares Bought by Proffitt & Goodson Inc.

Proffitt & Goodson Inc. grew its holdings in SPDR S&P 500 ETF Trust (NYSE:SPY) by 1.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 272,381 shares of the exchange traded fund’s stock after acquiring an additional 3,685 shares during the period. SPDR S&P 500 ETF Trust comprises 29.4% of Proffitt & Goodson Inc.’s holdings, making the stock its biggest position. Proffitt & Goodson Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $65,862,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. MUFG Americas Holdings Corp lifted its stake in shares of SPDR S&P 500 ETF Trust by 1.3% in the 2nd quarter. MUFG Americas Holdings Corp now owns 171,534 shares of the exchange traded fund’s stock valued at $41,477,000 after purchasing an additional 2,269 shares during the period. Douglass Winthrop Advisors LLC lifted its stake in shares of SPDR S&P 500 ETF Trust by 24.2% in the 2nd quarter. Douglass Winthrop Advisors LLC now owns 14,409 shares of the exchange traded fund’s stock valued at $3,484,000 after purchasing an additional 2,805 shares during the period. RiverPoint Capital Management LLC lifted its stake in shares of SPDR S&P 500 ETF Trust by 6.1% in the 2nd quarter. RiverPoint Capital Management LLC now owns 19,928 shares of the exchange traded fund’s stock valued at $4,819,000 after purchasing an additional 1,146 shares during the period. Lockheed Martin Investment Management Co. lifted its stake in shares of SPDR S&P 500 ETF Trust by 285.3% in the 2nd quarter. Lockheed Martin Investment Management Co. now owns 99,800 shares of the exchange traded fund’s stock valued at $24,132,000 after purchasing an additional 73,900 shares during the period. Finally, State of Wisconsin Investment Board lifted its stake in shares of SPDR S&P 500 ETF Trust by 196.7% in the 2nd quarter. State of Wisconsin Investment Board now owns 7,760 shares of the exchange traded fund’s stock valued at $1,876,000 after purchasing an additional 5,145 shares during the period.

SPDR S&P 500 ETF Trust (NYSE SPY) opened at 246.58 on Monday. SPDR S&P 500 ETF Trust has a 1-year low of $208.38 and a 1-year high of $248.91. The company has a 50 day moving average of $246.09 and a 200 day moving average of $241.02.

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

TRADEMARK VIOLATION NOTICE: “SPDR S&P 500 ETF Trust (SPY) Shares Bought by Proffitt & Goodson Inc.” was first posted by Markets Daily and is the property of of Markets Daily. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. & international copyright legislation. The original version of this piece can be viewed at https://www.themarketsdaily.com/2017/09/11/spdr-sp-500-etf-trust-spy-shares-bought-by-proffitt-goodson-inc.html.

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.

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 & 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 companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply