SPDR S&P 500 ETF Trust (NYSEARCA:SPY) Shares Sold by PVG Asset Management Corp

PVG Asset Management Corp decreased its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 7.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,009 shares of the company’s stock after selling 2,780 shares during the quarter. SPDR S&P 500 ETF Trust accounts for approximately 11.4% of PVG Asset Management Corp’s holdings, making the stock its biggest holding. PVG Asset Management Corp’s holdings in SPDR S&P 500 ETF Trust were worth $10,843,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Blue Chip Partners Inc. increased its position in shares of SPDR S&P 500 ETF Trust by 1.0% during the 2nd quarter. Blue Chip Partners Inc. now owns 3,405 shares of the company’s stock worth $998,000 after purchasing an additional 35 shares in the last quarter. Fulton Bank N.A. increased its position in SPDR S&P 500 ETF Trust by 3.3% in the 1st quarter. Fulton Bank N.A. now owns 1,246 shares of the company’s stock valued at $352,000 after acquiring an additional 40 shares in the last quarter. Litman Gregory Asset Management LLC increased its position in SPDR S&P 500 ETF Trust by 0.7% in the 2nd quarter. Litman Gregory Asset Management LLC now owns 5,862 shares of the company’s stock valued at $1,718,000 after acquiring an additional 41 shares in the last quarter. Gratus Capital LLC increased its position in SPDR S&P 500 ETF Trust by 0.4% in the 2nd quarter. Gratus Capital LLC now owns 11,906 shares of the company’s stock valued at $3,488,000 after acquiring an additional 43 shares in the last quarter. Finally, Murphy Middleton Hinkle & Parker Inc. increased its position in SPDR S&P 500 ETF Trust by 0.5% in the 1st quarter. Murphy Middleton Hinkle & Parker Inc. now owns 8,453 shares of the company’s stock valued at $2,388,000 after acquiring an additional 44 shares in the last quarter.

SPY traded down $2.43 during midday trading on Friday, hitting $298.65. The company had a trading volume of 46,929,477 shares, compared to its average volume of 74,484,617. SPDR S&P 500 ETF Trust has a twelve month low of $233.76 and a twelve month high of $302.63. The firm’s 50-day simple moving average is $292.88 and its 200-day simple moving average is $289.69.



About SPDR S&P 500 ETF Trust

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: Stop Order

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.