Intercontinental Wealth Advisors LLC Reduces Stock Position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Intercontinental Wealth Advisors LLC lessened its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 3.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 103,577 shares of the company’s stock after selling 4,061 shares during the period. SPDR S&P 500 ETF Trust makes up 15.7% of Intercontinental Wealth Advisors LLC’s holdings, making the stock its largest position. Intercontinental Wealth Advisors LLC’s holdings in SPDR S&P 500 ETF Trust were worth $30,348,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Koshinski Asset Management Inc. grew its holdings in shares of SPDR S&P 500 ETF Trust by 30.2% in the 2nd quarter. Koshinski Asset Management Inc. now owns 13,121 shares of the company’s stock worth $3,845,000 after acquiring an additional 3,045 shares during the last quarter. Lodestar Investment Counsel LLC IL grew its holdings in shares of SPDR S&P 500 ETF Trust by 1.7% in the 1st quarter. Lodestar Investment Counsel LLC IL now owns 11,760 shares of the company’s stock worth $3,322,000 after acquiring an additional 195 shares during the last quarter. Ledyard National Bank grew its holdings in shares of SPDR S&P 500 ETF Trust by 3.9% in the 2nd quarter. Ledyard National Bank now owns 20,818 shares of the company’s stock worth $6,100,000 after acquiring an additional 791 shares during the last quarter. Patten Group Inc. grew its holdings in shares of SPDR S&P 500 ETF Trust by 1.7% in the 2nd quarter. Patten Group Inc. now owns 14,906 shares of the company’s stock worth $4,368,000 after acquiring an additional 249 shares during the last quarter. Finally, Carroll Financial Associates Inc. grew its holdings in shares of SPDR S&P 500 ETF Trust by 1.4% in the 2nd quarter. Carroll Financial Associates Inc. now owns 61,463 shares of the company’s stock worth $18,008,000 after acquiring an additional 865 shares during the last quarter.

Shares of NYSEARCA SPY traded up $3.06 during mid-day trading on Friday, reaching $287.71. The company had a trading volume of 15,338,540 shares, compared to its average volume of 75,810,133. The company has a 50-day moving average price of $295.85 and a two-hundred day moving average price of $286.71. SPDR S&P 500 ETF Trust has a 1-year low of $233.76 and a 1-year high of $302.23.

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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