GK Wealth Management LLC lowered its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 31.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 14,495 shares of the company’s stock after selling 6,524 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises approximately 0.7% of GK Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. GK Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $1,301,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPYM. Highland Investment Advisors LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter worth approximately $29,000. Integrity Financial Corp WA bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the second quarter valued at approximately $29,000. Sound Financial Strategies Group LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the second quarter worth $264,000. Turtle Creek Wealth Advisors LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $29,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 1st quarter valued at about $31,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
State Street SPDR Portfolio S&P 500 ETF stock traded up $0.57 during midday trading on Friday, reaching $91.64. 28,644,562 shares of the stock traded hands, compared to its average volume of 13,594,659. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $92.00. The stock’s fifty day moving average is $90.38 and its 200-day moving average is $86.99.
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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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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