Urban Wealth Management LLC lessened its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 45.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 8,632 shares of the company’s stock after selling 7,290 shares during the period. Urban Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $661,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Greenleaf Trust acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $438,343,000. TD Private Client Wealth LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $394,477,000. GM Advisory Group LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $380,655,000. First Command Advisory Services Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $278,503,000. Finally, Spinnaker Trust purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $173,811,000.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.1%
SPYM stock opened at $86.31 on Friday. The company’s 50 day simple moving average is $86.47 and its 200-day simple moving average is $82.28. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $71.78 and a 12 month high of $89.52.
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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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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