State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Get Free Report) was the target of some unusual options trading on Tuesday. Traders purchased 3,895 put options on the stock. This represents an increase of approximately 73% compared to the average volume of 2,257 put options.
Institutional Investors Weigh In On State Street SPDR Portfolio S&P 500 ETF
A number of institutional investors and hedge funds have recently modified their holdings of SPYM. WealthShield Partners LLC lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 0.4% in the first quarter. WealthShield Partners LLC now owns 28,613 shares of the company’s stock valued at $2,190,000 after buying an additional 124 shares in the last quarter. PFG Investments LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF by 4.4% during the first quarter. PFG Investments LLC now owns 3,059 shares of the company’s stock worth $234,000 after acquiring an additional 130 shares in the last quarter. Capasso Planning Partners LLC raised its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 4.5% during the first quarter. Capasso Planning Partners LLC now owns 3,505 shares of the company’s stock worth $268,000 after acquiring an additional 152 shares during the period. Semitam Bonam LLC lifted its position in State Street SPDR Portfolio S&P 500 ETF by 0.3% in the 1st quarter. Semitam Bonam LLC now owns 53,250 shares of the company’s stock valued at $4,076,000 after acquiring an additional 159 shares in the last quarter. Finally, McHugh Group LLC lifted its position in State Street SPDR Portfolio S&P 500 ETF by 0.3% in the 2nd quarter. McHugh Group LLC now owns 52,685 shares of the company’s stock valued at $4,630,000 after acquiring an additional 165 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.3%
Shares of SPYM stock opened at $90.15 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $91.74. The stock has a 50-day moving average price of $88.56 and a 200 day moving average price of $84.67.
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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