American International Group Inc. Raises Stake in SPDR S&P 500 ETF Trust (SPY)

American International Group Inc. raised its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 37.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 113,500 shares of the company’s stock after acquiring an additional 30,900 shares during the quarter. American International Group Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $32,997,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of SPY. United Asset Strategies Inc. grew its stake in shares of SPDR S&P 500 ETF Trust by 0.8% in the third quarter. United Asset Strategies Inc. now owns 23,876 shares of the company’s stock valued at $6,941,000 after buying an additional 179 shares in the last quarter. Hallmark Capital Management Inc. grew its stake in shares of SPDR S&P 500 ETF Trust by 22.9% in the second quarter. Hallmark Capital Management Inc. now owns 1,014 shares of the company’s stock valued at $275,000 after buying an additional 189 shares in the last quarter. Warren Averett Asset Management LLC grew its stake in shares of SPDR S&P 500 ETF Trust by 1.0% in the third quarter. Warren Averett Asset Management LLC now owns 19,161 shares of the company’s stock valued at $5,570,000 after buying an additional 193 shares in the last quarter. Palladium Partners LLC grew its stake in shares of SPDR S&P 500 ETF Trust by 6.4% in the third quarter. Palladium Partners LLC now owns 3,266 shares of the company’s stock valued at $949,000 after buying an additional 197 shares in the last quarter. Finally, Meritage Portfolio Management grew its stake in shares of SPDR S&P 500 ETF Trust by 1.3% in the third quarter. Meritage Portfolio Management now owns 15,252 shares of the company’s stock valued at $4,434,000 after buying an additional 197 shares in 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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