Pinnacle Advisory Group Inc. decreased its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 12.1% during the second quarter, Holdings Channel.com reports. The firm owned 3,685 shares of the company’s stock after selling 509 shares during the period. Pinnacle Advisory Group Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $1,080,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SPY. Deutsche Bank AG increased its holdings in shares of SPDR S&P 500 ETF Trust by 18,310.6% in the 4th quarter. Deutsche Bank AG now owns 5,281,830 shares of the company’s stock valued at $1,320,028,000 after purchasing an additional 5,253,141 shares during the period. Thoroughbred Financial Services LLC increased its holdings in shares of SPDR S&P 500 ETF Trust by 29,237.2% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 4,893,743 shares of the company’s stock valued at $489,374,000 after purchasing an additional 4,877,062 shares during the period. Gladius Capital Management LP increased its holdings in shares of SPDR S&P 500 ETF Trust by 200.7% in the 4th quarter. Gladius Capital Management LP now owns 2,051,652 shares of the company’s stock valued at $512,749,000 after purchasing an additional 4,090,042 shares during the period. Dupont Capital Management Corp acquired a new position in shares of SPDR S&P 500 ETF Trust in the 2nd quarter valued at about $400,646,000. Finally, CHURCHILL MANAGEMENT Corp increased its holdings in shares of SPDR S&P 500 ETF Trust by 74.9% in the 1st quarter. CHURCHILL MANAGEMENT Corp now owns 2,505,739 shares of the company’s stock valued at $707,821,000 after purchasing an additional 1,072,813 shares during the period.

Shares of NYSEARCA SPY traded down $0.35 during trading hours on Thursday, hitting $292.10. The stock had a trading volume of 3,807,728 shares, compared to its average volume of 75,423,039. The firm’s 50-day moving average price is $295.48 and its two-hundred 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.

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.

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

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