MKP Capital Management L.L.C. Purchases 10,407,000 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

MKP Capital Management L.L.C. bought a new position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,407,000 shares of the company’s stock, valued at approximately $934,132,000. State Street SPDR Portfolio S&P 500 ETF makes up 27.7% of MKP Capital Management L.L.C.’s holdings, making the stock its largest position. MKP Capital Management L.L.C. owned 0.51% of State Street SPDR Portfolio S&P 500 ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPYM. Ashurst Perkins Coie Trust Co bought a new position in State Street SPDR Portfolio S&P 500 ETF during the third quarter valued at $26,000. Prudent Man Investment Management Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth $26,000. SYM FINANCIAL Corp bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $27,000. Highland Investment Advisors LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 2nd quarter worth about $29,000. Finally, Carolina Wealth Advisors LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $30,000.

State Street SPDR Portfolio S&P 500 ETF Stock Down 0.3%

Shares of NYSEARCA:SPYM opened at $88.28 on Wednesday. The company has a 50-day moving average price of $90.02 and a 200 day moving average price of $85.99. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $92.00.

State Street SPDR Portfolio S&P 500 ETF Company 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.