Westover Capital Advisors LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the third quarter, HoldingsChannel reports. The institutional investor acquired 33,405 shares of the company’s stock, valued at approximately $2,998,000.
Several other hedge funds have also added to or reduced their stakes in SPYM. Kingswood Wealth Advisors LLC raised its holdings in State Street SPDR Portfolio S&P 500 ETF by 0.4% in the third quarter. Kingswood Wealth Advisors LLC now owns 346,814 shares of the company’s stock worth $31,133,000 after buying an additional 1,246 shares during the last quarter. Sigma Planning Corp purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter valued at approximately $2,389,000. Bright Futures Wealth Management LLC. grew its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 7.3% during the third quarter. Bright Futures Wealth Management LLC. now owns 19,940 shares of the company’s stock valued at $1,790,000 after buying an additional 1,348 shares during the last quarter. Paladin Wealth LLC grew its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 6.9% during the third quarter. Paladin Wealth LLC now owns 186,293 shares of the company’s stock valued at $16,722,000 after buying an additional 12,029 shares during the last quarter. Finally, Trademark Financial Management LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF by 5.1% during the third quarter. Trademark Financial Management LLC now owns 119,726 shares of the company’s stock valued at $10,747,000 after acquiring an additional 5,839 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Up 0.7%
SPYM stock opened at $90.06 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month high of $92.00. The stock’s 50 day simple moving average is $90.35 and its 200 day simple moving average is $85.52.
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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