Royal Bank of Canada boosted its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 60.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 3,015,193 shares of the company’s stock after buying an additional 1,137,410 shares during the period. Royal Bank of Canada’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $230,783,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Jaffetilchin Investment Partners LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $1,318,000. Fortitude Family Office LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $3,018,000. Highline Wealth Partners LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $50,000. Kendall Capital Management acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $222,000. Finally, Beaumont Financial Advisors LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $4,959,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
NYSEARCA:SPYM opened at $85.93 on Thursday. The stock has a 50 day simple moving average of $87.68 and a 200 day simple moving average of $83.48. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $72.86 and a 1-year high of $89.52.
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.
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