Spinnaker Trust bought a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm bought 2,166,677 shares of the company’s stock, valued at approximately $173,811,000. State Street SPDR Portfolio S&P 500 ETF makes up 9.3% of Spinnaker Trust’s investment portfolio, making the stock its biggest holding. Spinnaker Trust owned 27.08% of State Street SPDR Portfolio S&P 500 ETF as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of SPYM. Greenleaf Trust bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $438,343,000. TD Private Client Wealth LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $394,477,000. 49 Wealth Management LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $160,257,000. Crews Bank & Trust purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $91,162,000. Finally, ST Germain D J Co. Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $77,894,000.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.3%
State Street SPDR Portfolio S&P 500 ETF stock opened at $89.29 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $68.83 and a 12 month high of $89.50. The business’s 50 day simple moving average is $82.92 and its 200 day simple moving average is $81.25.
About State Street SPDR Portfolio S&P 500 ETF
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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