Abbrea Capital LLC Buys 386 Shares of SPDR S&P 500 ETF Trust (SPY)

Abbrea Capital LLC lifted its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 0.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,514 shares of the company’s stock after purchasing an additional 386 shares during the period. SPDR S&P 500 ETF Trust comprises 4.3% of Abbrea Capital LLC’s investment portfolio, making the stock its 2nd biggest position. Abbrea Capital LLC’s holdings in SPDR S&P 500 ETF Trust were worth $14,460,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. United Asset Strategies Inc. boosted its position in SPDR S&P 500 ETF Trust by 0.8% during the third quarter. United Asset Strategies Inc. now owns 23,876 shares of the company’s stock worth $6,941,000 after acquiring an additional 179 shares during the last quarter. Hallmark Capital Management Inc. boosted its holdings in SPDR S&P 500 ETF Trust by 22.9% in the 2nd quarter. Hallmark Capital Management Inc. now owns 1,014 shares of the company’s stock valued at $275,000 after purchasing an additional 189 shares during the last quarter. Warren Averett Asset Management LLC boosted its holdings in SPDR S&P 500 ETF Trust by 1.0% in the 3rd quarter. Warren Averett Asset Management LLC now owns 19,161 shares of the company’s stock valued at $5,570,000 after purchasing an additional 193 shares during the last quarter. Palladium Partners LLC boosted its holdings in SPDR S&P 500 ETF Trust by 6.4% in the 3rd quarter. Palladium Partners LLC now owns 3,266 shares of the company’s stock valued at $949,000 after purchasing an additional 197 shares during the last quarter. Finally, Meritage Portfolio Management boosted its holdings in SPDR S&P 500 ETF Trust by 1.3% in the 3rd quarter. Meritage Portfolio Management now owns 15,252 shares of the company’s stock valued at $4,434,000 after purchasing an additional 197 shares during the last quarter.

NYSEARCA:SPY opened at $263.57 on Friday. SPDR S&P 500 ETF Trust has a 1-year low of $252.92 and a 1-year high of $293.94.

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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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