Compass Financial Management LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 55,831 shares of the company’s stock, valued at approximately $5,010,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Sovereign Financial Group Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $587,000. MN Wealth Advisors LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $3,418,000. FWG Investments LLC. grew its position in shares of State Street SPDR Portfolio S&P 500 ETF by 39.8% during the first quarter. FWG Investments LLC. now owns 29,972 shares of the company’s stock worth $2,294,000 after acquiring an additional 8,533 shares during the last quarter. Waterloo Capital L.P. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $15,570,000. Finally, Cary Street Partners Financial LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $35,957,000.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.4%
SPYM stock opened at $90.13 on Friday. The company has a fifty day moving average price of $88.50 and a 200 day moving average price of $84.53. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $91.74.
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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