CoreCap Advisors LLC trimmed its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 15.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 226,195 shares of the company’s stock after selling 42,153 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up approximately 0.6% of CoreCap Advisors LLC’s holdings, making the stock its 26th largest position. CoreCap Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $19,878,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in SPYM. S. R. Schill & Associates purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $17,402,000. Serenus Wealth Advisors LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $1,215,000. Richardson Financial Services Inc. bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $8,138,000. Nations Financial Group Inc. IA ADV bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $8,458,000. Finally, Sovereign Financial Group Inc. bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth about $587,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of SPYM opened at $90.79 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $73.77 and a fifty-two week high of $91.04. The firm’s 50-day simple moving average is $87.76 and its two-hundred day simple moving average is $83.68.
State Street SPDR Portfolio S&P 500 ETF 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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