State Street SPDR Portfolio S&P 500 ETF $SPYM Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lessened its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 1.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 587,958 shares of the company’s stock after selling 7,662 shares during the quarter. Principal Financial Group Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $45,002,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SPYM. Chicago Partners Investment Group LLC grew its stake in State Street SPDR Portfolio S&P 500 ETF by 5.0% in the 1st quarter. Chicago Partners Investment Group LLC now owns 210,052 shares of the company’s stock valued at $17,586,000 after acquiring an additional 10,037 shares during the last quarter. Team Financial Group LLC raised its position in State Street SPDR Portfolio S&P 500 ETF by 14.0% during the first quarter. Team Financial Group LLC now owns 1,918 shares of the company’s stock worth $147,000 after acquiring an additional 235 shares during the last quarter. Uptick Partners LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 34.6% in the first quarter. Uptick Partners LLC now owns 151,508 shares of the company’s stock valued at $11,596,000 after purchasing an additional 38,915 shares in the last quarter. Procyon Advisors LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at about $58,080,000. Finally, Financial Advisory Partners LLC grew its position in shares of State Street SPDR Portfolio S&P 500 ETF by 9.5% in the first quarter. Financial Advisory Partners LLC now owns 31,676 shares of the company’s stock valued at $2,424,000 after purchasing an additional 2,752 shares during the last quarter.

State Street SPDR Portfolio S&P 500 ETF Trading Down 1.0%

SPYM stock opened at $87.48 on Friday. The company’s 50 day simple moving average is $87.67 and its 200-day simple moving average is $83.10. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $72.86 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.