Lake Street Financial LLC Invests $1.47 Million in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Lake Street Financial LLC bought a new stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,219 shares of the company’s stock, valued at approximately $1,474,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Murphy Pohlad Asset Management LLC acquired a new stake in SPDR S&P 500 ETF Trust during the 4th quarter worth approximately $33,000. Riverview Trust Co acquired a new stake in SPDR S&P 500 ETF Trust during the 4th quarter worth approximately $46,000. Signet Investment Advisory Group Inc. acquired a new stake in SPDR S&P 500 ETF Trust during the 4th quarter worth approximately $47,000. Nalls Sherbakoff Group LLC acquired a new stake in SPDR S&P 500 ETF Trust during the 4th quarter worth approximately $55,000. Finally, Peachtree Investment Partners LLC acquired a new stake in SPDR S&P 500 ETF Trust during the 4th quarter worth approximately $662,000.

Shares of NYSEARCA SPY traded up $1.50 during midday trading on Friday, reaching $293.00. The company’s stock had a trading volume of 49,055,942 shares, compared to its average volume of 76,507,023. SPDR S&P 500 ETF Trust has a fifty-two week low of $233.76 and a fifty-two week high of $296.31. The stock has a 50 day simple moving average of $286.33.

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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