Resources Management Corp CT ADV Invests $2.81 Million in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Resources Management Corp CT ADV acquired a new stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 9,451 shares of the company’s stock, valued at approximately $2,805,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Chip Partners Inc. raised its position in SPDR S&P 500 ETF Trust by 1.0% in the second 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. ICONIQ Capital LLC raised its holdings in shares of SPDR S&P 500 ETF Trust by 0.4% in the 2nd quarter. ICONIQ Capital LLC now owns 9,534 shares of the company’s stock worth $2,807,000 after buying an additional 40 shares in the last quarter. Farmers & Merchants Investments Inc. raised its holdings in shares of SPDR S&P 500 ETF Trust by 0.7% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 6,185 shares of the company’s stock worth $1,836,000 after buying an additional 40 shares in the last quarter. Mirador Capital Partners LP lifted its position in shares of SPDR S&P 500 ETF Trust by 2.3% during the 3rd quarter. Mirador Capital Partners LP now owns 1,788 shares of the company’s stock worth $531,000 after buying an additional 40 shares during the period. Finally, Litman Gregory Asset Management LLC lifted its position in shares of SPDR S&P 500 ETF Trust by 0.7% during the 2nd quarter. Litman Gregory Asset Management LLC now owns 5,862 shares of the company’s stock worth $1,718,000 after buying an additional 41 shares during the period.

SPY stock traded up $1.95 during trading on Wednesday, hitting $311.50. The company had a trading volume of 48,846,467 shares, compared to its average volume of 71,236,711. The company has a fifty day moving average price of $306.81 and a two-hundred day moving average price of $296.12. SPDR S&P 500 ETF Trust has a fifty-two week low of $233.76 and a fifty-two week high of $315.48.

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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