Compass Financial Management LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 55,831 shares of the company’s stock, valued at approximately $5,010,000.
A number of other hedge funds also recently bought and sold shares of SPYM. Sovereign Financial Group Inc. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $587,000. MN Wealth Advisors LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $3,418,000. FWG Investments LLC. boosted its holdings in State Street SPDR Portfolio S&P 500 ETF by 39.8% in the first quarter. FWG Investments LLC. now owns 29,972 shares of the company’s stock valued at $2,294,000 after purchasing an additional 8,533 shares in the last quarter. Waterloo Capital L.P. purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $15,570,000. Finally, Goodman Financial Corp acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth approximately $2,575,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of State Street SPDR Portfolio S&P 500 ETF stock opened at $90.13 on Friday. The company has a fifty day simple moving average of $88.50 and a 200-day simple moving average of $84.53. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month high of $91.74.
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.
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