Cardan Capital Partners LLC lowered its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 19.5% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 10,663 shares of the company’s stock after selling 2,579 shares during the period. Cardan Capital Partners LLC’s holdings in SPDR S&P 500 ETF Trust were worth $3,012,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of SPY. Murphy Pohlad Asset Management LLC bought a new stake in shares of SPDR S&P 500 ETF Trust during the fourth quarter worth approximately $33,000. Riverview Trust Co bought a new stake in shares of SPDR S&P 500 ETF Trust during the fourth quarter worth approximately $46,000. Signet Investment Advisory Group Inc. bought a new stake in shares of SPDR S&P 500 ETF Trust during the fourth quarter worth approximately $47,000. Nalls Sherbakoff Group LLC bought a new stake in shares of SPDR S&P 500 ETF Trust during the fourth quarter worth approximately $55,000. Finally, Arbor Wealth Management LLC bought a new stake in shares of SPDR S&P 500 ETF Trust during the fourth quarter worth approximately $66,000.

Shares of NYSEARCA:SPY opened at $275.27 on Monday. SPDR S&P 500 ETF Trust has a 12-month low of $233.76 and a 12-month high of $294.95.

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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.

Further Reading: How to Use a Moving Average for TradingĀ 

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

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