Gradient Investments LLC boosted its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 6.6% in the 2nd quarter, Holdings Channel reports. The firm owned 4,474,804 shares of the company’s stock after purchasing an additional 276,367 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for about 5.4% of Gradient Investments LLC’s investment portfolio, making the stock its biggest holding. Gradient Investments LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $393,246,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of SPYM. S. R. Schill & Associates purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $17,402,000. Serenus Wealth Advisors LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $1,215,000. Richardson Financial Services Inc. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $8,138,000. Nations Financial Group Inc. IA ADV acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $8,458,000. Finally, Sovereign Financial Group Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth about $587,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of NYSEARCA:SPYM opened at $91.01 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $74.06 and a 52 week high of $91.44. The company has a 50-day moving average price of $87.88 and a 200 day moving average price of $83.86.
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.
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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).
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