Parallel Advisors LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 64,510 shares of the company’s stock, valued at approximately $5,175,000. Parallel Advisors LLC owned 80.64% of State Street SPDR Portfolio S&P 500 ETF at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. VSM Wealth Advisory LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $28,000. ORG Wealth Partners LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $29,000. Bartlett & CO. Wealth Management LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $32,000. Investment Research & Advisory Group Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $34,000. Finally, North Star Investment Management Corp. bought a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $47,000.
State Street SPDR Portfolio S&P 500 ETF Trading Down 2.6%
SPYM stock opened at $86.81 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $69.84 and a 52 week high of $89.52. The company has a fifty day simple moving average of $83.85 and a two-hundred day simple moving average of $81.48.
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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