SPDR S&P 500 ETF Trust (NYSEARCA:SPY) Position Lowered by Pennsylvania Trust Co

Pennsylvania Trust Co lowered its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 87.7% in the first quarter, HoldingsChannel reports. The institutional investor owned 2,686 shares of the company’s stock after selling 19,109 shares during the period. Pennsylvania Trust Co’s holdings in SPDR S&P 500 ETF Trust were worth $259,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Deutsche Bank AG increased its holdings in SPDR S&P 500 ETF Trust by 18,310.6% during the 4th quarter. Deutsche Bank AG now owns 5,281,830 shares of the company’s stock worth $1,320,028,000 after purchasing an additional 5,253,141 shares in the last quarter. Gladius Capital Management LP increased its holdings in SPDR S&P 500 ETF Trust by 200.7% during the 4th quarter. Gladius Capital Management LP now owns 2,051,652 shares of the company’s stock worth $512,749,000 after purchasing an additional 4,090,042 shares in the last quarter. TD Asset Management Inc. increased its holdings in SPDR S&P 500 ETF Trust by 21.1% during the 4th quarter. TD Asset Management Inc. now owns 13,965,624 shares of the company’s stock worth $3,490,288,000 after purchasing an additional 2,431,945 shares in the last quarter. CHURCHILL MANAGEMENT Corp increased its holdings in SPDR S&P 500 ETF Trust by 74.9% during the 1st quarter. CHURCHILL MANAGEMENT Corp now owns 2,505,739 shares of the company’s stock worth $707,821,000 after purchasing an additional 1,072,813 shares in the last quarter. Finally, Hartford Investment Management Co. increased its holdings in SPDR S&P 500 ETF Trust by 532.4% during the 4th quarter. Hartford Investment Management Co. now owns 1,255,380 shares of the company’s stock worth $313,745,000 after purchasing an additional 1,056,880 shares in the last quarter.

SPY stock opened at $288.39 on Thursday. SPDR S&P 500 ETF Trust has a 1 year low of $233.76 and a 1 year high of $294.95.

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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.

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Institutional Ownership by Quarter for SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

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