NewEdge Advisors LLC lifted its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 59.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,406,554 shares of the company’s stock after buying an additional 1,650,653 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up 1.1% of NewEdge Advisors LLC’s portfolio, making the stock its 10th biggest position. NewEdge Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $387,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of the stock. Highland Investment Advisors LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $29,000. Integrity Financial Corp WA purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the second quarter valued at $29,000. VSM Wealth Advisory LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $28,000. Sound Financial Strategies Group LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter worth $264,000. Finally, Turtle Creek Wealth Advisors LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter worth about $29,000.
State Street SPDR Portfolio S&P 500 ETF Trading Down 0.6%
NYSEARCA:SPYM opened at $90.17 on Wednesday. The stock has a 50-day simple moving average of $89.24 and a 200 day simple moving average of $85.35. State Street SPDR Portfolio S&P 500 ETF has a one year low of $74.06 and a one year high of $91.74.
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.
Read More
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
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.
