Lincoln Capital Corp Has $16.66 Million Stake in State Street SPDR Portfolio S&P 500 ETF $SPYM

Lincoln Capital Corp raised its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 24.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 217,601 shares of the company’s stock after acquiring an additional 42,288 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises about 6.1% of Lincoln Capital Corp’s portfolio, making the stock its 2nd largest holding. Lincoln Capital Corp’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $16,655,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. VSM Wealth Advisory LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $28,000. ORG Wealth Partners LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $29,000. Conquis Financial LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $31,000. Bartlett & CO. Wealth Management LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $32,000. Finally, Investment Research & Advisory Group Inc. bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $34,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of State Street SPDR Portfolio S&P 500 ETF stock opened at $87.89 on Monday. The business’s 50 day simple moving average is $85.99 and its two-hundred day simple moving average is $82.10. State Street SPDR Portfolio S&P 500 ETF has a one year low of $69.84 and a one year 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.