Bruderman Asset Management LLC Increases Stake in SPDR S&P 500 ETF Trust (SPY)

Bruderman Asset Management LLC grew its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 12.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,041 shares of the company’s stock after buying an additional 2,794 shares during the period. SPDR S&P 500 ETF Trust accounts for approximately 1.7% of Bruderman Asset Management LLC’s holdings, making the stock its 15th biggest position. Bruderman Asset Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $7,571,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. United Asset Strategies Inc. boosted its stake in SPDR S&P 500 ETF Trust by 0.8% in the 3rd quarter. United Asset Strategies Inc. now owns 23,876 shares of the company’s stock worth $6,941,000 after purchasing an additional 179 shares in the last quarter. Hallmark Capital Management Inc. boosted its stake 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 worth $275,000 after purchasing an additional 189 shares in the last quarter. Warren Averett Asset Management LLC boosted its stake 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 worth $5,570,000 after purchasing an additional 193 shares in the last quarter. Palladium Partners LLC boosted its stake 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 worth $949,000 after purchasing an additional 197 shares in the last quarter. Finally, Meritage Portfolio Management boosted its stake 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 worth $4,434,000 after purchasing an additional 197 shares in the last quarter.

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

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