Dearborn Partners LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 59,982 shares of the company’s stock, valued at approximately $4,812,000. Dearborn Partners LLC owned about 0.75% of State Street SPDR Portfolio S&P 500 ETF at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $28,000. ORG Wealth Partners LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $29,000. Conquis Financial LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $31,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $32,000. Finally, Investment Research & Advisory Group Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $34,000.
State Street SPDR Portfolio S&P 500 ETF Stock Down 2.6%
NYSEARCA:SPYM opened at $86.81 on Friday. The firm’s fifty day moving average is $83.85 and its 200-day moving average is $81.48. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $69.84 and a 52 week high of $89.52.
State Street SPDR Portfolio S&P 500 ETF Profile
The Tradr 2X Long SPY Monthly ETF (SPYM) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking to provide 2x the exposure to the monthly price return of the SPDR S&P 500 ETF (ticker: SPY-US) through swap agreements with major global financial institutions. SPYM was launched on Sep 3, 2024 and is issued by Tradr.
Recommended Stories
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Want to see what other hedge funds are holding SPYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report).
Receive News & Ratings for State Street SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Street SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
