CFO4Life Group LLC lessened its position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 65.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,710 shares of the exchange traded fund’s stock after selling 3,218 shares during the quarter. CFO4Life Group LLC’s holdings in SPDR S&P 500 ETF Trust were worth $414,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SPY. CKW Financial Group lifted its stake in shares of SPDR S&P 500 ETF Trust by 0.3% during the second quarter. CKW Financial Group now owns 606 shares of the exchange traded fund’s stock valued at $147,000 after acquiring an additional 2 shares during the period. Goodman Financial Corp acquired a new position in shares of SPDR S&P 500 ETF Trust during the second quarter valued at $203,000. iAB Financial Bank acquired a new position in shares of SPDR S&P 500 ETF Trust during the second quarter valued at $206,000. Papp L Roy & Associates acquired a new position in shares of SPDR S&P 500 ETF Trust during the second quarter valued at $223,000. Finally, Granite Investment Advisors LLC lifted its stake in shares of SPDR S&P 500 ETF Trust by 5.1% during the second quarter. Granite Investment Advisors LLC now owns 932 shares of the exchange traded fund’s stock valued at $231,000 after acquiring an additional 45 shares during the period.

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

SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 250.17 on Thursday. SPDR S&P 500 ETF Trust has a 52 week low of $208.38 and a 52 week high of $250.21. The stock’s 50 day moving average price is $246.25 and its 200 day moving average price is $241.27.

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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 (NYSE:SPY)

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