Higgins & Schmidt Wealth Strategies LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) during the first quarter, Holdings Channel reports. The institutional investor acquired 75,736 shares of the company’s stock, valued at approximately $5,797,000. State Street SPDR Portfolio S&P 500 ETF accounts for 2.6% of Higgins & Schmidt Wealth Strategies LLC’s portfolio, making the stock its 11th largest holding.
Several other institutional investors have also recently made changes to their positions in the company. Greenleaf Trust acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $438,343,000. TD Private Client Wealth LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $394,477,000. GM Advisory Group LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $380,655,000. First Command Advisory Services Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $278,503,000. Finally, Spinnaker Trust purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $173,811,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
SPYM stock opened at $86.26 on Thursday. The company’s 50-day simple moving average is $86.38 and its 200-day simple moving average is $82.24. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $71.45 and a 52-week high of $89.52.
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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