KMG Fiduciary Partners LLC cut its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 14.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 315,606 shares of the company’s stock after selling 51,668 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up about 2.6% of KMG Fiduciary Partners LLC’s holdings, making the stock its 11th largest holding. KMG Fiduciary Partners LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $28,329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. Highland Investment Advisors LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter worth $29,000. Integrity Financial Corp WA purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter worth about $29,000. Sound Financial Strategies Group LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter valued at about $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 about $29,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at about $31,000.
State Street SPDR Portfolio S&P 500 ETF Stock Down 0.0%
NYSEARCA SPYM opened at $91.55 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $74.06 and a 52 week high of $92.00. The firm’s 50-day simple moving average is $90.44 and its two-hundred day simple moving average is $87.27.
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.
Recommended Stories
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
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.
