NewEdge Advisors LLC decreased its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 15.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 2,074,082 shares of the company’s stock after selling 386,061 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up about 3.1% of NewEdge Advisors LLC’s investment portfolio, making the stock its 4th largest position. NewEdge Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $158,750,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of SPYM. Financial Insights Inc. grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 10.6% during the first quarter. Financial Insights Inc. now owns 535,431 shares of the company’s stock worth $40,982,000 after acquiring an additional 51,318 shares during the period. Strategic Investment Advisors MI lifted its holdings in State Street SPDR Portfolio S&P 500 ETF by 11.2% in the 1st quarter. Strategic Investment Advisors MI now owns 10,117 shares of the company’s stock valued at $774,000 after acquiring an additional 1,015 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 1st quarter valued at about $37,000. Arkadios Wealth Advisors boosted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 41.8% during the 1st quarter. Arkadios Wealth Advisors now owns 271,829 shares of the company’s stock valued at $20,806,000 after purchasing an additional 80,114 shares in the last quarter. Finally, Arete Wealth Advisors LLC boosted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 17.3% during the 1st quarter. Arete Wealth Advisors LLC now owns 351,387 shares of the company’s stock valued at $26,879,000 after purchasing an additional 51,812 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Trading Down 1.4%
NYSEARCA SPYM opened at $85.93 on Thursday. The company’s 50 day simple moving average is $87.68 and its 200 day simple moving average is $83.48. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $72.86 and a 12 month high of $89.52.
State Street SPDR Portfolio S&P 500 ETF 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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