NewEdge Advisors LLC increased its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 12.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 2,755,901 shares of the company’s stock after purchasing an additional 295,758 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for 0.8% of NewEdge Advisors LLC’s investment portfolio, making the stock its 20th largest holding. NewEdge Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $210,937,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of SPYM. Blue Edge Capital LLC raised its holdings in State Street SPDR Portfolio S&P 500 ETF by 28.5% during the 1st quarter. Blue Edge Capital LLC now owns 11,305 shares of the company’s stock valued at $865,000 after acquiring an additional 2,507 shares during the period. First Nebraska Trust Co purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at $675,000. Financial Solutions Advisory Group Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at $6,357,000. Maripau Wealth Management LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 10.0% during the 1st quarter. Maripau Wealth Management LLC now owns 249,970 shares of the company’s stock valued at $19,133,000 after purchasing an additional 22,668 shares during the period. Finally, Security Financial Services INC. raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 41.3% during the 1st quarter. Security Financial Services INC. now owns 685,665 shares of the company’s stock valued at $52,481,000 after purchasing an additional 200,259 shares during the period.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of SPYM opened at $90.61 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $73.90 and a 52-week high of $91.44. The stock’s 50-day simple moving average is $87.81 and its 200 day simple moving average is $83.75.
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.
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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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