Financial Management Network Inc. Takes Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Financial Management Network Inc. bought a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 14,376 shares of the company’s stock, valued at approximately $1,150,000.

Other institutional investors have also added to or reduced their stakes in the company. Ayalon Insurance Comp Ltd. bought a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $1,256,000. Cullen Investment Group LTD. acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $776,000. Defender Capital LLC. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $738,000. Heartwood Wealth Advisors LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $391,000. Finally, HWG Holdings LP bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $3,599,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA:SPYM opened at $87.61 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $69.84 and a 1-year high of $89.52. The business’s 50 day moving average is $86.14 and its 200-day moving average is $82.16.

State Street SPDR Portfolio S&P 500 ETF Company 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.