Maridea Wealth Management LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 63,717 shares of the company’s stock, valued at approximately $4,877,000.
A number of other hedge funds also recently bought and sold shares of SPYM. Ayalon Insurance Comp Ltd. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $1,256,000. Cullen Investment Group LTD. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $776,000. Defender Capital LLC. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $738,000. Heartwood Wealth Advisors LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $391,000. Finally, HWG Holdings LP purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $3,599,000.
State Street SPDR Portfolio S&P 500 ETF Trading Down 0.6%
NYSEARCA SPYM opened at $85.76 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $71.86 and a 52 week high of $89.52. The firm has a 50 day moving average of $86.54 and a two-hundred day moving average of $82.31.
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.
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