Armbruster Capital Management Inc. reduced its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,167 shares of the company’s stock after selling 315 shares during the period. SPDR S&P 500 ETF Trust accounts for about 2.9% of Armbruster Capital Management Inc.’s portfolio, making the stock its 8th largest position. Armbruster Capital Management Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $5,569,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its stake in SPDR S&P 500 ETF Trust by 29.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,778,717 shares of the company’s stock worth $2,209,311,000 after purchasing an additional 1,988,866 shares in the last quarter. Shell Asset Management Co. acquired a new stake in SPDR S&P 500 ETF Trust in the 3rd quarter worth approximately $1,228,215,000. Northwestern Mutual Investment Management Company LLC boosted its stake in SPDR S&P 500 ETF Trust by 223.2% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 3,614,380 shares of the company’s stock worth $757,122,000 after purchasing an additional 2,496,043 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in SPDR S&P 500 ETF Trust by 5.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,574,593 shares of the company’s stock worth $864,337,000 after purchasing an additional 180,679 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in SPDR S&P 500 ETF Trust by 44.5% in the 3rd quarter. Sei Investments Co. now owns 3,273,972 shares of the company’s stock worth $822,519,000 after purchasing an additional 1,008,023 shares in the last quarter.

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

SPDR S&P 500 ETF Trust (SPY) traded up $0.50 during mid-day trading on Wednesday, reaching $267.28. 85,195,700 shares of the company were exchanged, compared to its average volume of 69,929,453. SPDR S&P 500 ETF Trust has a one year low of $222.73 and a one year high of $267.32.

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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.

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

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