Financial Advisory Group Grows Holdings in SPDR S&P 500 ETF Trust (SPY)

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Financial Advisory Group grew its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 4.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 279,501 shares of the company’s stock after acquiring an additional 10,727 shares during the quarter. SPDR S&P 500 ETF Trust accounts for 21.0% of Financial Advisory Group’s portfolio, making the stock its largest position. Financial Advisory Group’s holdings in SPDR S&P 500 ETF Trust were worth $75,823,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Peavine Capital LLC grew its position in shares of SPDR S&P 500 ETF Trust by 1.7% in the second quarter. Peavine Capital LLC now owns 285,398 shares of the company’s stock valued at $77,423,000 after purchasing an additional 4,669 shares during the period. Biltmore Family Office LLC grew its position in shares of SPDR S&P 500 ETF Trust by 10.9% in the second quarter. Biltmore Family Office LLC now owns 4,479 shares of the company’s stock valued at $1,221,000 after purchasing an additional 442 shares during the period. G&S Capital LLC grew its position in shares of SPDR S&P 500 ETF Trust by 70.8% in the second quarter. G&S Capital LLC now owns 1,804 shares of the company’s stock valued at $489,000 after purchasing an additional 748 shares during the period. WP Advisors LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust in the second quarter valued at $165,000. Finally, Employees Retirement System of Texas grew its position in shares of SPDR S&P 500 ETF Trust by 449.5% in the first quarter. Employees Retirement System of Texas now owns 241,250 shares of the company’s stock valued at $63,485,000 after purchasing an additional 197,350 shares during the period.

Shares of NYSEARCA:SPY opened at $289.03 on Thursday. SPDR S&P 500 ETF Trust has a 52 week low of $246.23 and a 52 week high of $291.74.

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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Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

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

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