McLaughlin Asset Management Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 7,286 shares of the company’s stock, valued at approximately $584,000. McLaughlin Asset Management Inc. owned 9.11% of State Street SPDR Portfolio S&P 500 ETF at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Greenleaf Trust acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $438,343,000. TD Private Client Wealth LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $394,477,000. GM Advisory Group LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $380,655,000. First Command Advisory Services Inc. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $278,503,000. Finally, Spinnaker Trust purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $173,811,000.
State Street SPDR Portfolio S&P 500 ETF Stock Up 1.0%
Shares of NYSEARCA SPYM opened at $87.89 on Friday. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $69.84 and a twelve month high of $89.52. The stock has a fifty day simple moving average of $85.78 and a 200-day simple moving average of $82.05.
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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