MCF Advisors LLC increased its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 4.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 316,947 shares of the company’s stock after buying an additional 13,891 shares during the quarter. SPDR S&P 500 ETF Trust accounts for approximately 15.4% of MCF Advisors LLC’s holdings, making the stock its biggest holding. MCF Advisors LLC’s holdings in SPDR S&P 500 ETF Trust were worth $92,866,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPY. Beaumont Financial Partners LLC increased its position in SPDR S&P 500 ETF Trust by 12.6% during the 2nd quarter. Beaumont Financial Partners LLC now owns 3,549 shares of the company’s stock valued at $1,040,000 after purchasing an additional 397 shares during the period. Pinnacle Wealth Planning Services Inc. increased its position in SPDR S&P 500 ETF Trust by 147.3% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,790 shares of the company’s stock valued at $818,000 after purchasing an additional 1,662 shares during the period. Private Wealth Partners LLC increased its position in SPDR S&P 500 ETF Trust by 67.8% during the 2nd quarter. Private Wealth Partners LLC now owns 5,859 shares of the company’s stock valued at $1,717,000 after purchasing an additional 2,367 shares during the period. CCG Wealth Management LLC increased its position in SPDR S&P 500 ETF Trust by 19.7% during the 2nd quarter. CCG Wealth Management LLC now owns 1,205 shares of the company’s stock valued at $353,000 after purchasing an additional 198 shares during the period. Finally, Avestar Capital LLC increased its position in SPDR S&P 500 ETF Trust by 5.1% during the 2nd quarter. Avestar Capital LLC now owns 22,297 shares of the company’s stock valued at $6,516,000 after purchasing an additional 1,085 shares during the period.

SPDR S&P 500 ETF Trust stock traded up $0.15 during mid-day trading on Thursday, reaching $292.60. 4,713,752 shares of the company traded hands, compared to its average volume of 75,423,039. The firm’s 50 day moving average price is $295.48 and its 200 day moving average price is $286.99. SPDR S&P 500 ETF Trust has a 52-week low of $233.76 and a 52-week high of $302.23.

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 (NYSEARCA:SPY)

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