Charter Trust Co. Boosts Holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Charter Trust Co. increased its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,656 shares of the company’s stock after buying an additional 45 shares during the quarter. Charter Trust Co.’s holdings in SPDR S&P 500 ETF Trust were worth $778,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. DDD Partners LLC purchased a new position in shares of SPDR S&P 500 ETF Trust in the second quarter worth about $349,000. Wedbush Securities Inc. increased its stake in shares of SPDR S&P 500 ETF Trust by 9.3% in the second quarter. Wedbush Securities Inc. now owns 35,219 shares of the company’s stock worth $10,319,000 after purchasing an additional 2,985 shares in the last quarter. Blue Chip Partners Inc. increased its stake in shares of SPDR S&P 500 ETF Trust by 1.0% in the second quarter. Blue Chip Partners Inc. now owns 3,405 shares of the company’s stock worth $998,000 after purchasing an additional 35 shares in the last quarter. Wedgewood Investors Inc. PA increased its stake in shares of SPDR S&P 500 ETF Trust by 33.5% in the second quarter. Wedgewood Investors Inc. PA now owns 3,996 shares of the company’s stock worth $1,171,000 after purchasing an additional 1,002 shares in the last quarter. Finally, Waldron Private Wealth LLC increased its stake in shares of SPDR S&P 500 ETF Trust by 2.8% in the second quarter. Waldron Private Wealth LLC now owns 58,113 shares of the company’s stock worth $17,027,000 after purchasing an additional 1,564 shares in the last quarter.

SPY stock opened at $292.55 on Wednesday. The company has a 50 day moving average price of $296.11. SPDR S&P 500 ETF Trust has a 12 month low of $233.76 and a 12 month high of $302.23.

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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