Orange Investment Advisors Inc. raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 50.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 93,547 shares of the company’s stock after buying an additional 31,354 shares during the period. Orange Investment Advisors Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $7,160,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Greenleaf Trust bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $438,343,000. TD Private Client Wealth LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $394,477,000. GM Advisory Group LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $380,655,000. First Command Advisory Services Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th 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 during the 4th quarter valued at about $173,811,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
NYSEARCA SPYM opened at $85.76 on Monday. The company has a 50-day moving average price of $86.54 and a 200-day moving average price of $82.32. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $71.86 and a 52 week high of $89.52.
State Street SPDR Portfolio S&P 500 ETF 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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