State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Get Free Report) saw some unusual options trading on Wednesday. Stock investors purchased 9,970 put options on the stock. This represents an increase of approximately 58% compared to the typical daily volume of 6,316 put options.
Institutional Investors Weigh In On State Street SPDR Portfolio S&P 500 ETF
Several hedge funds have recently added to or reduced their stakes in the business. Ashurst Perkins Coie Trust Co bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $26,000. Prudent Man Investment Management Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter valued at $26,000. SYM FINANCIAL Corp bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter valued at $27,000. Highland Investment Advisors LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the second quarter worth $29,000. Finally, Carolina Wealth Advisors LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter worth $30,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
SPYM stock traded up $1.23 during trading on Wednesday, reaching $89.50. 4,850,522 shares of the company were exchanged, compared to its average volume of 13,452,975. The company has a 50-day moving average of $90.02 and a two-hundred day moving average of $85.99. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $74.06 and a twelve month high of $92.00.
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.
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