United Capital Management of KS Inc. Invests $225,000 in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

United Capital Management of KS Inc. bought a new position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 761 shares of the company’s stock, valued at approximately $225,000.

Several other hedge funds also recently made changes to their positions in SPY. Murphy Pohlad Asset Management LLC bought a new stake in shares of SPDR S&P 500 ETF Trust during the 4th quarter worth about $33,000. Riverview Trust Co bought a new stake in SPDR S&P 500 ETF Trust in the 4th quarter valued at about $46,000. Nalls Sherbakoff Group LLC bought a new stake in SPDR S&P 500 ETF Trust in the 4th quarter valued at about $55,000. Arbor Wealth Management LLC bought a new stake in SPDR S&P 500 ETF Trust in the 4th quarter valued at about $66,000. Finally, Contravisory Investment Management Inc. boosted its holdings in SPDR S&P 500 ETF Trust by 43.2% in the 2nd quarter. Contravisory Investment Management Inc. now owns 242 shares of the company’s stock valued at $71,000 after purchasing an additional 73 shares during the period.

NYSEARCA SPY traded down $2.47 during trading on Wednesday, reaching $285.33. The company’s stock had a trading volume of 8,855,468 shares, compared to its average volume of 74,547,016. SPDR S&P 500 ETF Trust has a 12 month low of $233.76 and a 12 month high of $302.23. The company has a 50 day moving average of $296.51.

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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