Carroll Financial Associates Inc. boosted its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 5.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 57,483 shares of the company’s stock after acquiring an additional 2,780 shares during the period. SPDR S&P 500 ETF Trust accounts for about 1.6% of Carroll Financial Associates Inc.’s investment portfolio, making the stock its 10th largest position. Carroll Financial Associates Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $14,622,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of SPY. Ironwood Wealth Management LLC. boosted its stake in shares of SPDR S&P 500 ETF Trust by 4.8% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 10,641 shares of the company’s stock worth $2,887,000 after purchasing an additional 485 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of SPDR S&P 500 ETF Trust during the 2nd quarter worth about $619,000. Sun Life Financial INC lifted its holdings in shares of SPDR S&P 500 ETF Trust by 60.5% during the 2nd quarter. Sun Life Financial INC now owns 432,808 shares of the company’s stock worth $117,412,000 after acquiring an additional 163,130 shares during the period. WBI Investments Inc. purchased a new position in shares of SPDR S&P 500 ETF Trust during the 2nd quarter worth about $214,000. Finally, Nicollet Investment Management Inc. lifted its holdings in shares of SPDR S&P 500 ETF Trust by 0.9% during the 2nd quarter. Nicollet Investment Management Inc. now owns 26,691 shares of the company’s stock worth $7,241,000 after acquiring an additional 231 shares during the period.
Shares of SPY stock traded down $0.22 during trading hours on Friday, hitting $258.66. 3,251,515 shares of the company were exchanged, compared to its average volume of 115,834,320. SPDR S&P 500 ETF Trust has a 1 year low of $233.76 and a 1 year 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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