Standpoint Asset Management LLC grew its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 3.5% during the third quarter, Holdings Channel reports. The firm owned 916,100 shares of the company’s stock after acquiring an additional 31,200 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises about 16.0% of Standpoint Asset Management LLC’s holdings, making the stock its 4th largest position. Standpoint Asset Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $82,229,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ashurst Perkins Coie Trust Co bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at about $26,000. Highland Investment Advisors LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the second quarter worth approximately $29,000. Integrity Financial Corp WA acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the second quarter worth approximately $29,000. Sound Financial Strategies Group LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $264,000. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the first quarter worth approximately $29,000.
State Street SPDR Portfolio S&P 500 ETF Trading Down 1.1%
SPYM stock traded down $1.01 during mid-day trading on Friday, reaching $89.83. The company’s stock had a trading volume of 8,713,596 shares, compared to its average volume of 13,582,454. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $92.00. The business’s 50 day moving average price is $90.43 and its 200 day moving average price is $87.49.
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.
Featured Articles
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
- 3 Stocks Delivering Bigger Dividends Despite Market Uncertainty
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.
