Cornerstone Advisors Asset Management LLC grew its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 6.8% during the first quarter, Holdings Channel reports. The institutional investor owned 325,418 shares of the company’s stock after acquiring an additional 20,753 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises 3.8% of Cornerstone Advisors Asset Management LLC’s investment portfolio, making the stock its 7th largest holding. Cornerstone Advisors Asset Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $24,908,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of SPYM. Greenleaf Trust bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $438,343,000. Advance Capital Management Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $403,256,000. Private Advisor Group LLC boosted its stake in State Street SPDR Portfolio S&P 500 ETF by 3.7% in the first quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after acquiring an additional 178,017 shares in the last quarter. TD Private Client Wealth LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $394,477,000. Finally, GM Advisory Group LLC grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 2.5% in the first quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock worth $372,121,000 after purchasing an additional 116,648 shares during the last quarter.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of SPYM stock opened at $87.48 on Monday. The business’s fifty day simple moving average is $87.67 and its 200-day simple moving average is $83.12. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $72.86 and a 12-month 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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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).
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