SPDR S&P 500 ETF Trust (SPY) Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. reduced its position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 20.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,923 shares of the exchange traded fund’s stock after selling 490 shares during the period. Pacer Advisors Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $465,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CKW Financial Group boosted its position in shares of SPDR S&P 500 ETF Trust by 0.3% during the second quarter. CKW Financial Group now owns 606 shares of the exchange traded fund’s stock worth $147,000 after buying an additional 2 shares during the period. Goodman Financial Corp purchased a new position in shares of SPDR S&P 500 ETF Trust during the second quarter worth $203,000. iAB Financial Bank purchased a new position in shares of SPDR S&P 500 ETF Trust during the second quarter worth $206,000. Papp L Roy & Associates purchased a new position in shares of SPDR S&P 500 ETF Trust during the second quarter worth $223,000. Finally, Granite Investment Advisors LLC boosted its position in shares of SPDR S&P 500 ETF Trust by 5.1% during the second quarter. Granite Investment Advisors LLC now owns 932 shares of the exchange traded fund’s stock worth $231,000 after buying an additional 45 shares during the period.

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SPDR S&P 500 ETF Trust (SPY) opened at 249.21 on Tuesday. The stock’s 50 day moving average price is $246.07 and its 200 day moving average price is $241.12. SPDR S&P 500 ETF Trust has a 52-week low of $208.38 and a 52-week high of $249.30.

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

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

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