FC Advisory LLC bought a new stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 751 shares of the company’s stock, valued at approximately $200,000.
Several other institutional investors have also recently bought and sold shares of the company. Portfolio Solutions LLC grew its position in SPDR S&P 500 ETF Trust by 137.9% during the fourth quarter. Portfolio Solutions LLC now owns 521 shares of the company’s stock worth $139,000 after buying an additional 302 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in SPDR S&P 500 ETF Trust during the third quarter worth approximately $148,000. Akanthos Capital Management LLC acquired a new stake in SPDR S&P 500 ETF Trust during the third quarter worth approximately $158,000. Orrstown Financial Services Inc. grew its position in SPDR S&P 500 ETF Trust by 73.1% during the fourth quarter. Orrstown Financial Services Inc. now owns 592 shares of the company’s stock worth $158,000 after buying an additional 250 shares in the last quarter. Finally, WESPAC Advisors SoCal LLC grew its position in SPDR S&P 500 ETF Trust by 68.8% during the second quarter. WESPAC Advisors SoCal LLC now owns 675 shares of the company’s stock worth $163,000 after buying an additional 275 shares in the last quarter.
Shares of SPDR S&P 500 ETF Trust (NYSEARCA SPY) opened at $280.41 on Friday. The stock has a market capitalization of $285,470.00 and a P/E ratio of -192.06. SPDR S&P 500 ETF Trust has a 12-month low of $225.27 and a 12-month high of $280.41.
Separately, S&P Equity Research assumed coverage on SPDR S&P 500 ETF Trust in a research report on Monday, December 11th. They set a $3,000.00 price target on the stock.
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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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