Sound Financial Strategies Group LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,279 shares of the company’s stock, valued at approximately $903,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYM. Advance Capital Management Inc. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 1st quarter worth $403,256,000. Private Advisor Group LLC lifted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 3.7% in the 1st quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after purchasing an additional 178,017 shares during the last quarter. TD Private Client Wealth LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $394,477,000. GM Advisory Group LLC increased its position in State Street SPDR Portfolio S&P 500 ETF by 2.5% during the first quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock worth $372,121,000 after buying an additional 116,648 shares during the last quarter. Finally, Gradient Investments LLC increased its position in State Street SPDR Portfolio S&P 500 ETF by 6.6% during the second quarter. Gradient Investments LLC now owns 4,474,804 shares of the company’s stock worth $393,246,000 after buying an additional 276,367 shares during the last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Down 0.7%
Shares of NYSEARCA:SPYM opened at $89.65 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $74.06 and a fifty-two week high of $91.74. The business has a 50-day moving average of $88.86 and a two-hundred day moving average of $85.00.
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.
Featured Articles
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
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.
