Bank of America Corp DE Decreases Stock Holdings in State Street SPDR Portfolio S&P 500 ETF $SPYM

Bank of America Corp DE reduced its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 32.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,172,901 shares of the company’s stock after selling 17,674,966 shares during the period. Bank of America Corp DE owned 2.22% of State Street SPDR Portfolio S&P 500 ETF worth $2,768,674,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPYM. WealthShield Partners LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 0.4% during the 1st quarter. WealthShield Partners LLC now owns 28,613 shares of the company’s stock worth $2,190,000 after acquiring an additional 124 shares in the last quarter. PFG Investments LLC boosted its stake in State Street SPDR Portfolio S&P 500 ETF by 4.4% in the first quarter. PFG Investments LLC now owns 3,059 shares of the company’s stock valued at $234,000 after acquiring an additional 130 shares in the last quarter. Semitam Bonam LLC boosted its stake in State Street SPDR Portfolio S&P 500 ETF by 0.3% in the first quarter. Semitam Bonam LLC now owns 53,250 shares of the company’s stock valued at $4,076,000 after acquiring an additional 159 shares in the last quarter. Wilkins Miller Wealth Management LLC boosted its stake in State Street SPDR Portfolio S&P 500 ETF by 0.8% in the first quarter. Wilkins Miller Wealth Management LLC now owns 20,269 shares of the company’s stock valued at $1,551,000 after acquiring an additional 166 shares in the last quarter. Finally, Prospect Financial Services LLC grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 0.6% in the first quarter. Prospect Financial Services LLC now owns 26,692 shares of the company’s stock worth $2,043,000 after purchasing an additional 166 shares during the last quarter.

State Street SPDR Portfolio S&P 500 ETF Stock Down 1.4%

NYSEARCA SPYM opened at $85.93 on Thursday. The firm’s fifty day simple moving average is $87.68 and its two-hundred day simple moving average is $83.48. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $72.86 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.