Harbour Investments Inc. trimmed its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 44.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 561,949 shares of the company’s stock after selling 450,868 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for 0.7% of Harbour Investments Inc.’s investment portfolio, making the stock its 25th biggest holding. Harbour Investments Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $50,441,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPYM. IFG Advisory LLC grew its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 45.1% during the third quarter. IFG Advisory LLC now owns 660,778 shares of the company’s stock valued at $59,311,000 after buying an additional 205,329 shares in the last quarter. ODonnell Financial Services LLC lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 2.0% in the 3rd quarter. ODonnell Financial Services LLC now owns 799,231 shares of the company’s stock worth $71,739,000 after acquiring an additional 15,864 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $639,000. Collier Financial lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 0.9% in the 3rd quarter. Collier Financial now owns 20,360 shares of the company’s stock worth $1,828,000 after acquiring an additional 172 shares in the last quarter. Finally, MSH Capital Advisors LLC lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 3.6% in the 3rd quarter. MSH Capital Advisors LLC now owns 51,486 shares of the company’s stock worth $4,621,000 after acquiring an additional 1,773 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Trading Down 0.4%
NYSEARCA SPYM traded down $0.36 during trading on Friday, reaching $88.77. 10,376,077 shares of the company’s stock were exchanged, compared to its average volume of 13,430,852. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $74.06 and a fifty-two week high of $92.00. The firm has a market capitalization of $184.64 billion, a PE ratio of 23.80 and a beta of 1.01. The company’s fifty day simple moving average is $89.95 and its 200-day simple moving average is $86.11.
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.
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