TD Asset Management Inc. increased its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 4.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,478,128 shares of the company’s stock after purchasing an additional 540,611 shares during the quarter. SPDR S&P 500 ETF Trust makes up approximately 5.5% of TD Asset Management Inc.’s holdings, making the stock its biggest holding. TD Asset Management Inc. owned approximately 1.34% of SPDR S&P 500 ETF Trust worth $3,656,092,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Murphy Pohlad Asset Management LLC bought a new stake in SPDR S&P 500 ETF Trust during the 4th quarter worth about $33,000. Camarda Financial Advisors LLC bought a new position in shares of SPDR S&P 500 ETF Trust in the 2nd quarter valued at about $51,000. Riverview Trust Co bought a new position in shares of SPDR S&P 500 ETF Trust in the 4th quarter valued at about $46,000. Nalls Sherbakoff Group LLC bought a new position in shares of SPDR S&P 500 ETF Trust in the 4th quarter valued at about $55,000. Finally, Contravisory Investment Management Inc. boosted its stake in shares of SPDR S&P 500 ETF Trust by 43.2% in the 2nd quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock valued at $71,000 after purchasing an additional 73 shares during the last quarter.

Shares of NYSEARCA SPY traded up $4.26 during mid-day trading on Tuesday, hitting $292.33. The company’s stock had a trading volume of 86,171,702 shares, compared to its average volume of 75,196,039. SPDR S&P 500 ETF Trust has a one year low of $233.76 and a one year high of $302.23. The company has a fifty day simple moving average of $296.14.

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.

Further Reading: What is the balance sheet?

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Institutional Ownership by Quarter for SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

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