Poplar Forest Capital LLC Grows Position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Poplar Forest Capital LLC boosted its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 8.7% in the 2nd quarter, HoldingsChannel reports. The fund owned 2,182 shares of the company’s stock after acquiring an additional 175 shares during the quarter. Poplar Forest Capital LLC’s holdings in SPDR S&P 500 ETF Trust were worth $639,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Rudd International Inc. acquired a new stake in SPDR S&P 500 ETF Trust in the second quarter valued at $318,000. Corundum Group Inc. grew its holdings in SPDR S&P 500 ETF Trust by 0.7% in the second quarter. Corundum Group Inc. now owns 13,131 shares of the company’s stock valued at $3,847,000 after purchasing an additional 86 shares during the last quarter. Financial Sense Advisors Inc. acquired a new stake in SPDR S&P 500 ETF Trust in the second quarter valued at $248,000. Broadmark Asset Management LLC grew its holdings in SPDR S&P 500 ETF Trust by 52.9% in the second quarter. Broadmark Asset Management LLC now owns 521,582 shares of the company’s stock valued at $152,824,000 after purchasing an additional 180,563 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in SPDR S&P 500 ETF Trust in the second quarter valued at $920,000.

SPDR S&P 500 ETF Trust stock traded up $4.20 during trading hours on Friday, hitting $288.85. The stock had a trading volume of 83,018,300 shares, compared to its average volume of 75,865,133. SPDR S&P 500 ETF Trust has a 1-year low of $233.76 and a 1-year high of $302.23. The stock’s fifty day moving average is $295.79 and its two-hundred day moving average is $286.72.



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 (NYSEARCA:SPY)

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