Stephens Inc. AR raised its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 7.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 148,613 shares of the company’s stock after acquiring an additional 10,252 shares during the quarter. SPDR S&P 500 ETF Trust comprises 1.3% of Stephens Inc. AR’s portfolio, making the stock its 9th largest position. Stephens Inc. AR’s holdings in SPDR S&P 500 ETF Trust were worth $37,336,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Kohmann Bosshard Financial Services LLC acquired a new stake in SPDR S&P 500 ETF Trust in the third quarter worth $148,000. CKW Financial Group raised its holdings in SPDR S&P 500 ETF Trust by 0.3% in the second quarter. CKW Financial Group now owns 606 shares of the company’s stock worth $147,000 after purchasing an additional 2 shares during the period. WESPAC Advisors SoCal LLC raised its holdings in SPDR S&P 500 ETF Trust by 68.8% in the second quarter. WESPAC Advisors SoCal LLC now owns 675 shares of the company’s stock worth $163,000 after purchasing an additional 275 shares during the period. Almanack Investment Partners LLC. raised its holdings in SPDR S&P 500 ETF Trust by 2.6% in the second quarter. Almanack Investment Partners LLC. now owns 698 shares of the company’s stock worth $170,000 after purchasing an additional 18 shares during the period. Finally, Garrison Financial Corp acquired a new stake in SPDR S&P 500 ETF Trust in the third quarter worth $202,000.

SPDR S&P 500 ETF Trust (NYSEARCA SPY) traded up $0.80 on Tuesday, reaching $266.31. 83,077,500 shares of the company’s stock traded hands, compared to its average volume of 69,865,258. SPDR S&P 500 ETF Trust has a 12 month low of $222.73 and a 12 month high of $266.80.

Separately, S&P Equity Research began coverage on shares of SPDR S&P 500 ETF Trust in a report on Monday. They issued a $3,000.00 target price on the stock.

ILLEGAL ACTIVITY WARNING: “SPDR S&P 500 ETF Trust (SPY) is Stephens Inc. AR’s 9th Largest Position” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://www.watchlistnews.com/spdr-sp-500-etf-trust-spy-is-stephens-inc-ars-9th-largest-position/1759897.html.

SPDR S&P 500 ETF Trust Company 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.

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)

Receive News & Ratings for SPDR S&P 500 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 500 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.