Crosslink Capital Inc. Takes $1.04 Million Position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)
Crosslink Capital Inc. acquired a new stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,540 shares of the company’s stock, valued at approximately $1,037,000. SPDR S&P 500 ETF Trust comprises approximately 0.2% of Crosslink Capital Inc.’s investment portfolio, making the stock its 25th largest position.
Several other large investors also recently bought and sold shares of SPY. Camarda Financial Advisors LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust in the second quarter worth approximately $51,000. Nalls Sherbakoff Group LLC purchased a new position in SPDR S&P 500 ETF Trust during the 4th quarter worth $55,000. Arbor Wealth Management LLC purchased a new position in SPDR S&P 500 ETF Trust during the 4th quarter worth $66,000. Contravisory Investment Management Inc. increased its holdings in SPDR S&P 500 ETF Trust by 43.2% during the 2nd quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock worth $71,000 after purchasing an additional 73 shares during the period. Finally, Founders Capital Management increased its holdings in SPDR S&P 500 ETF Trust by 23.2% during the 2nd quarter. Founders Capital Management now owns 260 shares of the company’s stock worth $76,000 after purchasing an additional 49 shares during the period.
SPY traded up $0.06 during trading on Friday, hitting $301.35. 6,985,024 shares of the stock were exchanged, compared to its average volume of 74,807,977. The firm has a 50 day simple moving average of $292.93 and a 200 day simple moving average of $288.94. SPDR S&P 500 ETF Trust has a 1 year low of $233.76 and a 1 year high of $302.46.
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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