Investors Buy Shares of SPDR S&P 500 ETF Trust (SPY) on Weakness

Investors purchased shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) on weakness during trading on Monday. $2,988.63 million flowed into the stock on the tick-up and $2,079.83 million flowed out of the stock on the tick-down, for a money net flow of $908.80 million into the stock. Of all equities tracked, SPDR S&P 500 ETF Trust had the highest net in-flow for the day. SPDR S&P 500 ETF Trust traded down ($0.32) for the day and closed at $264.14

A number of large investors have recently added to or reduced their stakes in the stock. CKW Financial Group lifted its position in shares of SPDR S&P 500 ETF Trust by 0.3% during the second quarter. CKW Financial Group now owns 606 shares of the company’s stock valued at $147,000 after buying an additional 2 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust during the third quarter valued at about $148,000. Akanthos Capital Management LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust during the third quarter valued at about $158,000. WESPAC Advisors SoCal LLC lifted its position in shares of SPDR S&P 500 ETF Trust by 68.8% during the second quarter. WESPAC Advisors SoCal LLC now owns 675 shares of the company’s stock valued at $163,000 after buying an additional 275 shares during the last quarter. Finally, Almanack Investment Partners LLC. lifted its position in shares of SPDR S&P 500 ETF Trust by 2.6% during the second quarter. Almanack Investment Partners LLC. now owns 698 shares of the company’s stock valued at $170,000 after buying an additional 18 shares during the last quarter.

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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.

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