Gamble Jones Investment Counsel cut its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 0.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,637 shares of the company’s stock after selling 111 shares during the quarter. Gamble Jones Investment Counsel’s holdings in SPDR S&P 500 ETF Trust were worth $3,750,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Camarda Financial Advisors LLC acquired a new position in SPDR S&P 500 ETF Trust during the second quarter valued at $51,000. Atwater Malick LLC acquired a new position in shares of SPDR S&P 500 ETF Trust in the third quarter worth about $70,000. Contravisory Investment Management Inc. raised its position in shares of SPDR S&P 500 ETF Trust by 43.2% in the second quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock worth $71,000 after acquiring an additional 73 shares during the period. Founders Capital Management raised its position in shares of SPDR S&P 500 ETF Trust by 23.2% in the second quarter. Founders Capital Management now owns 260 shares of the company’s stock worth $76,000 after acquiring an additional 49 shares during the period. Finally, Financial Advantage Inc. acquired a new position in shares of SPDR S&P 500 ETF Trust in the third quarter worth about $81,000.
Shares of SPDR S&P 500 ETF Trust stock traded up $0.76 during trading hours on Friday, reaching $308.94. The stock had a trading volume of 40,572,151 shares, compared to its average volume of 72,494,539. The stock’s 50 day moving average is $298.78 and its 200 day moving average is $293.53. SPDR S&P 500 ETF Trust has a twelve month low of $233.76 and a twelve month high of $309.65.
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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