SPDR S&P 500 ETF Trust (NYSEARCA:SPY) Shares Purchased by United Asset Strategies Inc.

United Asset Strategies Inc. increased its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 4.2% in the second quarter, Holdings Channel reports. The firm owned 18,799 shares of the company’s stock after buying an additional 754 shares during the period. SPDR S&P 500 ETF Trust comprises 1.3% of United Asset Strategies Inc.’s investment portfolio, making the stock its 25th largest holding. United Asset Strategies Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $5,508,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Seelaus Asset Management LLC increased its position in shares of SPDR S&P 500 ETF Trust by 4.1% during the 2nd quarter. Seelaus Asset Management LLC now owns 19,578 shares of the company’s stock worth $5,736,000 after purchasing an additional 777 shares during the last quarter. Ropes Wealth Advisors LLC grew its position in SPDR S&P 500 ETF Trust by 2.6% in the 2nd quarter. Ropes Wealth Advisors LLC now owns 5,179 shares of the company’s stock valued at $1,517,000 after acquiring an additional 132 shares in the last quarter. Gables Capital Management Inc. grew its position in SPDR S&P 500 ETF Trust by 4.2% in the 2nd quarter. Gables Capital Management Inc. now owns 1,240 shares of the company’s stock valued at $363,000 after acquiring an additional 50 shares in the last quarter. Brightworth acquired a new position in SPDR S&P 500 ETF Trust in the 2nd quarter valued at about $205,000. Finally, Camarda Financial Advisors LLC acquired a new position in SPDR S&P 500 ETF Trust in the 2nd quarter valued at about $51,000.

NYSEARCA SPY traded up $4.67 during trading on Tuesday, hitting $292.74. The stock had a trading volume of 62,030,885 shares, compared to its average volume of 75,196,039. The business’s 50 day moving average is $296.14. SPDR S&P 500 ETF Trust has a twelve month low of $233.76 and a twelve month high of $302.23.

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.

Recommended Story: Trade Deficit

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 (NYSEARCA:SPY).

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