Royal Bank of Canada Has $230.78 Million Stock Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Royal Bank of Canada raised its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 60.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,015,193 shares of the company’s stock after buying an additional 1,137,410 shares during the quarter. Royal Bank of Canada owned about 0.19% of State Street SPDR Portfolio S&P 500 ETF worth $230,783,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Greenleaf Trust bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $438,343,000. Advance Capital Management Inc. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 1st quarter worth about $403,256,000. Private Advisor Group LLC grew its stake in State Street SPDR Portfolio S&P 500 ETF by 3.7% in the first quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after purchasing an additional 178,017 shares in the last quarter. TD Private Client Wealth LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $394,477,000. Finally, GM Advisory Group LLC grew its position in shares of State Street SPDR Portfolio S&P 500 ETF by 2.5% in the 1st quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock valued at $372,121,000 after acquiring an additional 116,648 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Trading Down 1.4%

Shares of NYSEARCA SPYM opened at $85.93 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $72.86 and a 12 month high of $89.52. The stock has a 50 day moving average of $87.68 and a 200-day moving average of $83.48.

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.