Janney Montgomery Scott LLC increased its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 56.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 250,177 shares of the company’s stock after purchasing an additional 90,135 shares during the period. Janney Montgomery Scott LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $19,149,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the business. Greenleaf Trust acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $438,343,000. TD Private Client Wealth LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $394,477,000. GM Advisory Group LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $380,655,000. First Command Advisory Services Inc. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $278,503,000. Finally, Spinnaker Trust purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $173,811,000.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.8%
Shares of SPYM stock opened at $87.88 on Wednesday. The firm’s 50-day simple moving average is $86.72 and its 200-day simple moving average is $82.42. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $72.40 and a 1-year high of $89.52.
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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