Prudential Financial Inc. Decreases Position in SPDR S&P 500 ETF Trust (SPY)

Prudential Financial Inc. trimmed its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 4.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,519,177 shares of the company’s stock after selling 68,850 shares during the period. SPDR S&P 500 ETF Trust comprises 0.7% of Prudential Financial Inc.’s investment portfolio, making the stock its 22nd largest position. Prudential Financial Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $441,656,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. White Mountains Advisors LLC grew its position in SPDR S&P 500 ETF Trust by 15.2% during the 3rd quarter. White Mountains Advisors LLC now owns 1,988,918 shares of the company’s stock worth $578,218,000 after acquiring an additional 262,500 shares during the last quarter. United Asset Strategies Inc. grew its position in SPDR S&P 500 ETF Trust by 0.8% during the 3rd quarter. United Asset Strategies Inc. now owns 23,876 shares of the company’s stock worth $6,941,000 after acquiring an additional 179 shares during the last quarter. Forward Management LLC grew its position in SPDR S&P 500 ETF Trust by 42.2% during the 3rd quarter. Forward Management LLC now owns 664,325 shares of the company’s stock worth $193,133,000 after acquiring an additional 197,003 shares during the last quarter. Gilbert & Cook Inc. grew its position in SPDR S&P 500 ETF Trust by 16.9% during the 3rd quarter. Gilbert & Cook Inc. now owns 5,693 shares of the company’s stock worth $1,655,000 after acquiring an additional 822 shares during the last quarter. Finally, Associated Banc Corp grew its position in SPDR S&P 500 ETF Trust by 3.2% during the 3rd quarter. Associated Banc Corp now owns 48,636 shares of the company’s stock worth $14,140,000 after acquiring an additional 1,504 shares during the last quarter.

SPY opened at $275.65 on Friday. SPDR S&P 500 ETF Trust has a 1 year low of $252.92 and a 1 year high of $293.94.

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SPDR S&P 500 ETF Trust Company 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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