Palatine Hill Wealth Management LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the fourth quarter, Holdings Channel reports. The firm acquired 51,275 shares of the company’s stock, valued at approximately $4,113,000. State Street SPDR Portfolio S&P 500 ETF makes up about 3.3% of Palatine Hill Wealth Management LLC’s holdings, making the stock its 7th biggest position. Palatine Hill Wealth Management LLC owned 0.64% of State Street SPDR Portfolio S&P 500 ETF as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the stock. Greenleaf Trust purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $438,343,000. TD Private Client Wealth LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $394,477,000. Spinnaker Trust purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $173,811,000. 49 Wealth Management LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $160,257,000. Finally, Crews Bank & Trust purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $91,162,000.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.1%
Shares of NYSEARCA:SPYM opened at $89.40 on Wednesday. The stock has a fifty day simple moving average of $82.92 and a two-hundred day simple moving average of $81.25. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $69.53 and a 12-month high of $89.52.
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.
See Also
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear Case—Is a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
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.
