Transcend Capital Advisors LLC Makes New Investment in State Street SPDR Portfolio S&P 500 ETF $SPYM

Transcend Capital Advisors LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 43,656 shares of the company’s stock, valued at approximately $3,502,000. Transcend Capital Advisors LLC owned about 0.55% of State Street SPDR Portfolio S&P 500 ETF as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SPYM. Ayalon Insurance Comp Ltd. bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $1,256,000. Cullen Investment Group LTD. bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $776,000. Defender Capital LLC. bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $738,000. Heartwood Wealth Advisors LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $391,000. Finally, HWG Holdings LP bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $3,599,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA SPYM opened at $80.74 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $59.81 and a 1 year high of $82.11. The company has a 50-day simple moving average of $79.24.

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.