CFS Investment Advisory Services LLC increased its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 34.7% in the first quarter, Holdings Channel reports. The firm owned 1,110,238 shares of the company’s stock after buying an additional 285,760 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 6.5% of CFS Investment Advisory Services LLC’s holdings, making the stock its 2nd biggest holding. CFS Investment Advisory Services LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $92,794,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Serenus Wealth Advisors LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $1,215,000. S. R. Schill & Associates bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $17,402,000. Richardson Financial Services Inc. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $8,138,000. Nations Financial Group Inc. IA ADV acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $8,458,000. Finally, Sovereign Financial Group Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 1st quarter valued at about $587,000.
State Street SPDR Portfolio S&P 500 ETF Stock Down 0.3%
NYSEARCA:SPYM opened at $87.72 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $72.71 and a twelve month high of $89.52. The stock’s 50 day moving average price is $87.23 and its two-hundred day moving average price is $82.74.
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.
Featured Stories
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- A Market Panic Just Discounted the AI Highway’s Tollbooth
- Why Exxon Could Be the Market’s Next Big Comeback Stock
- The Market Just Got Shaken—These 3 ETFs May Come Out Stronger
- Meta Platforms’ Cloud Push: Growth Opportunity Versus AI Concerns
Want to see what other hedge funds are holding SPYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report).
Receive News & Ratings for State Street SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Street SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
