Kagan Cocozza Asset Management Purchases 15,483 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

Kagan Cocozza Asset Management grew its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 5.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 302,139 shares of the company’s stock after buying an additional 15,483 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises approximately 16.2% of Kagan Cocozza Asset Management’s holdings, making the stock its biggest position. Kagan Cocozza Asset Management’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $27,120,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPYM. Ashurst Perkins Coie Trust Co purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter worth $26,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at about $29,000. Integrity Financial Corp WA purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the second quarter worth about $29,000. Highland Investment Advisors LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the second quarter worth about $29,000. Finally, Strategic Wealth Advisors LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter worth about $31,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

SPYM traded up $0.40 on Monday, reaching $90.23. 8,192,465 shares of the company’s stock were exchanged, compared to its average volume of 13,555,642. 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 stock’s fifty day moving average price is $90.41 and its 200-day moving average price is $87.69.

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.