Soundwatch Capital LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 20,456 shares of the company’s stock, valued at approximately $1,853,000. State Street SPDR Portfolio S&P 500 ETF comprises about 0.2% of Soundwatch Capital LLC’s investment portfolio, making the stock its 13th largest holding.
A number of other hedge funds have also recently added to or reduced their stakes in SPYM. AlphaCore Capital LLC grew its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 1.6% during the third quarter. AlphaCore Capital LLC now owns 304,963 shares of the company’s stock worth $27,373,000 after buying an additional 4,794 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 72.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 76,951 shares of the company’s stock worth $6,919,000 after buying an additional 32,330 shares in the last quarter. Edgemoor Investment Advisors Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $251,000. FWG Investments LLC. lifted its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 24.0% in the 3rd quarter. FWG Investments LLC. now owns 87,674 shares of the company’s stock valued at $7,870,000 after acquiring an additional 16,996 shares during the last quarter. Finally, M Holdings Securities Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter valued at $2,999,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
NYSEARCA SPYM opened at $88.59 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $74.06 and a twelve month high of $92.00. The business’s fifty day moving average is $90.06 and its 200 day moving average is $85.95.
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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