64,510 Shares in State Street SPDR Portfolio S&P 500 ETF $SPYM Purchased by Parallel Advisors LLC

Parallel Advisors LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the 4th quarter, HoldingsChannel reports. The firm bought 64,510 shares of the company’s stock, valued at approximately $5,175,000. Parallel Advisors LLC owned about 0.81% of State Street SPDR Portfolio S&P 500 ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $28,000. ORG Wealth Partners LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $29,000. Bartlett & CO. Wealth Management LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $32,000. Investment Research & Advisory Group Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $34,000. Finally, North Star Investment Management Corp. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $47,000.

State Street SPDR Portfolio S&P 500 ETF Trading Down 2.6%

SPYM stock opened at $86.81 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $69.84 and a 52 week high of $89.52. The firm has a 50 day moving average of $83.85 and a 200 day moving average of $81.48.

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.