CIBC Asset Management Inc Has $246.17 Million Stake in SPDR S&P 500 ETF Trust (SPY)
CIBC Asset Management Inc trimmed its stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 907,453 shares of the company’s stock after selling 15,975 shares during the period. SPDR S&P 500 ETF Trust accounts for approximately 1.5% of CIBC Asset Management Inc’s holdings, making the stock its 17th largest position. CIBC Asset Management Inc owned about 0.10% of SPDR S&P 500 ETF Trust worth $246,174,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of the company. LifePlan Financial Group Inc increased its stake in SPDR S&P 500 ETF Trust by 48.6% in the 2nd quarter. LifePlan Financial Group Inc now owns 575 shares of the company’s stock worth $156,000 after buying an additional 188 shares in the last quarter. WP Advisors LLC purchased a new stake in SPDR S&P 500 ETF Trust in the 2nd quarter worth $165,000. AllSquare Wealth Management LLC increased its stake in SPDR S&P 500 ETF Trust by 182.8% in the 1st quarter. AllSquare Wealth Management LLC now owns 642 shares of the company’s stock worth $169,000 after buying an additional 415 shares in the last quarter. FC Advisory LLC bought a new position in shares of SPDR S&P 500 ETF Trust during the 2nd quarter valued at about $201,000. Finally, Community Trust & Investment Co. bought a new position in shares of SPDR S&P 500 ETF Trust during the 2nd quarter valued at about $212,000.
SPY opened at $290.83 on Friday. SPDR S&P 500 ETF Trust has a 52 week low of $248.08 and a 52 week high of $291.74.
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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