State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Get Free Report) was the recipient of some unusual options trading on Wednesday. Investors acquired 9,970 put options on the stock. This is an increase of 58% compared to the average daily volume of 6,316 put options.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of NYSEARCA:SPYM traded up $1.23 during trading on Wednesday, reaching $89.50. 4,850,522 shares of the company traded hands, compared to its average volume of 13,452,975. 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 company’s 50 day moving average is $90.02 and its two-hundred day moving average is $85.99.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of SPYM. Ashurst Perkins Coie Trust Co bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at about $26,000. Prudent Man Investment Management Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $26,000. SYM FINANCIAL Corp bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $27,000. Integrity Financial Corp WA acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $29,000. Finally, Highland Investment Advisors LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter worth approximately $29,000.
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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