Macco Financial Group Inc. increased its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 22.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 501,140 shares of the company’s stock after purchasing an additional 91,268 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up 29.0% of Macco Financial Group Inc.’s portfolio, making the stock its largest holding. Macco Financial Group Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $38,357,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. Ayalon Insurance Comp Ltd. bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $1,256,000. Cullen Investment Group LTD. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $776,000. Defender Capital LLC. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $738,000. Heartwood Wealth Advisors LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $391,000. Finally, HWG Holdings LP bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $3,599,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of State Street SPDR Portfolio S&P 500 ETF stock opened at $85.76 on Monday. The firm’s 50-day simple moving average is $86.54 and its 200-day simple moving average is $82.32. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $71.86 and a twelve month high of $89.52.
About State Street SPDR Portfolio S&P 500 ETF
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.
Further Reading
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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).
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