Traders sold shares of SPDR S&P 500 ETF Trust (NYSE:SPY) on strength during trading on Monday. $1,099.80 million flowed into the stock on the tick-up and $2,029.81 million flowed out of the stock on the tick-down, for a money net flow of $930.01 million out of the stock. Of all companies tracked, SPDR S&P 500 ETF Trust had the 0th highest net out-flow for the day. SPDR S&P 500 ETF Trust traded up $0.35 for the day and closed at $247.84

Separately, Goldman Sachs Group, Inc. (The) raised their target price on SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a research note on Wednesday, June 28th.

The stock has a 50 day moving average of $246.07 and a 200-day moving average of $240.89.

Institutional investors have recently modified their holdings of the business. MUFG Americas Holdings Corp lifted its stake in shares of SPDR S&P 500 ETF Trust by 1.3% during the 2nd quarter. MUFG Americas Holdings Corp now owns 171,534 shares of the exchange traded fund’s stock worth $41,477,000 after purchasing an additional 2,269 shares during the period. RiverPoint Capital Management LLC lifted its stake in shares of SPDR S&P 500 ETF Trust by 6.1% during the 2nd quarter. RiverPoint Capital Management LLC now owns 19,928 shares of the exchange traded fund’s stock worth $4,819,000 after purchasing an additional 1,146 shares during the period. Lockheed Martin Investment Management Co. lifted its stake in shares of SPDR S&P 500 ETF Trust by 285.3% during the 2nd quarter. Lockheed Martin Investment Management Co. now owns 99,800 shares of the exchange traded fund’s stock worth $24,132,000 after purchasing an additional 73,900 shares during the period. State of Wisconsin Investment Board lifted its stake in shares of SPDR S&P 500 ETF Trust by 196.7% during the 2nd quarter. State of Wisconsin Investment Board now owns 7,760 shares of the exchange traded fund’s stock worth $1,876,000 after purchasing an additional 5,145 shares during the period. Finally, Douglass Winthrop Advisors LLC lifted its stake in shares of SPDR S&P 500 ETF Trust by 24.2% during the 2nd quarter. Douglass Winthrop Advisors LLC now owns 14,409 shares of the exchange traded fund’s stock worth $3,484,000 after purchasing an additional 2,805 shares during the period.

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SPDR S&P 500 ETF Trust Company 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.