Independent Financial Group LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the first quarter, Holdings Channel.com reports. The institutional investor bought 390,917 shares of the company’s stock, valued at approximately $29,921,000. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 0.9% of Independent Financial Group LLC’s investment portfolio, making the stock its 11th largest holding.
Other hedge funds also recently modified their holdings of the company. Greenleaf Trust acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $438,343,000. Advance Capital Management Inc. acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at $403,256,000. Private Advisor Group LLC raised its position in State Street SPDR Portfolio S&P 500 ETF by 3.7% during the first quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after buying an additional 178,017 shares during the period. TD Private Client Wealth LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $394,477,000. Finally, GM Advisory Group LLC lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 2.5% in the 1st quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock worth $372,121,000 after acquiring an additional 116,648 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of NYSEARCA SPYM opened at $88.37 on Friday. State Street SPDR Portfolio S&P 500 ETF has a one year low of $72.86 and a one year high of $89.52. The business has a 50-day moving average price of $87.66 and a two-hundred day moving average price of $83.07.
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.
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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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