State Street SPDR Portfolio S&P 500 ETF $SPYM Shares Sold by Encompass More Asset Management

Encompass More Asset Management trimmed its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 63.3% during the third quarter, HoldingsChannel.com reports. The firm owned 94,819 shares of the company’s stock after selling 163,855 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up about 1.3% of Encompass More Asset Management’s portfolio, making the stock its 19th biggest holding. Encompass More Asset Management’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $8,511,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SPYM. Ashurst Perkins Coie Trust Co acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter worth approximately $26,000. Highland Investment Advisors LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the second quarter valued at $29,000. Integrity Financial Corp WA bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at $29,000. Sound Financial Strategies Group LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at $264,000. Finally, Turtle Creek Wealth Advisors LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 1st quarter valued at $29,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of SPYM stock opened at $89.83 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $74.06 and a 1-year high of $92.00. The firm has a fifty day moving average of $90.43 and a two-hundred day moving average of $87.49.

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.