Gamco Investors INC. ET AL purchased a new position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,010 shares of the company’s stock, valued at approximately $3,226,000.
A number of other large investors also recently modified their holdings of SPY. Murphy Pohlad Asset Management LLC acquired a new stake in SPDR S&P 500 ETF Trust during the fourth quarter worth approximately $33,000. Camarda Financial Advisors LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust in the 2nd quarter valued at $51,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter valued at $55,000. Arbor Wealth Management LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter valued at $66,000. Finally, Contravisory Investment Management Inc. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 43.2% in the 2nd quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock valued at $71,000 after purchasing an additional 73 shares in the last quarter.
Shares of SPY stock opened at $301.09 on Friday. The stock’s fifty day moving average price is $292.95 and its two-hundred day moving average price is $289.05. SPDR S&P 500 ETF Trust has a fifty-two week low of $233.76 and a fifty-two week high of $302.46.
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.
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