Stanley Laman Group Ltd. trimmed its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 5.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,943 shares of the company’s stock after selling 289 shares during the quarter. Stanley Laman Group Ltd.’s holdings in SPDR S&P 500 ETF Trust were worth $1,319,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Independence Bank of Kentucky purchased a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter worth $100,000. Guidant Wealth Advisors lifted its holdings in shares of SPDR S&P 500 ETF Trust by 533.5% in the 4th quarter. Guidant Wealth Advisors now owns 1,267 shares of the company’s stock worth $114,000 after buying an additional 1,067 shares during the period. Keeler Thomas Management LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust in the 4th quarter worth $133,000. Portfolio Solutions LLC lifted its holdings in shares of SPDR S&P 500 ETF Trust by 137.9% in the 4th quarter. Portfolio Solutions LLC now owns 521 shares of the company’s stock worth $139,000 after buying an additional 302 shares during the period. Finally, Akanthos Capital Management LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust in the 3rd quarter worth $158,000.
Shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) opened at $276.72 on Wednesday. The firm has a market capitalization of $270,980.00 and a price-to-earnings ratio of -189.53. SPDR S&P 500 ETF Trust has a 1-year low of $231.61 and a 1-year high of $286.63.
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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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