Investment Planning Advisors Inc. boosted its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 4.2% during the third quarter, Holdings Channel.com reports. The firm owned 630,403 shares of the company’s stock after buying an additional 25,468 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up approximately 12.7% of Investment Planning Advisors Inc.’s portfolio, making the stock its biggest position. Investment Planning Advisors Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $56,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently bought and sold shares of SPYM. Nicollet Investment Management Inc. grew its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 139.3% in the 3rd quarter. Nicollet Investment Management Inc. now owns 5,503 shares of the company’s stock valued at $494,000 after buying an additional 3,203 shares during the period. Aspen Wealth Management LLC increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 0.5% during the 3rd quarter. Aspen Wealth Management LLC now owns 27,231 shares of the company’s stock worth $2,444,000 after buying an additional 128 shares during the last quarter. Firethorn Wealth Partners LLC raised its position in shares of State Street SPDR Portfolio S&P 500 ETF by 3.8% during the 3rd quarter. Firethorn Wealth Partners LLC now owns 107,813 shares of the company’s stock valued at $9,677,000 after buying an additional 3,938 shares during the period. Stone Summit Wealth LLC raised its position in shares of State Street SPDR Portfolio S&P 500 ETF by 14.8% during the 3rd quarter. Stone Summit Wealth LLC now owns 186,269 shares of the company’s stock valued at $16,720,000 after buying an additional 24,078 shares during the period. Finally, XY Planning Network Inc. raised its position in shares of State Street SPDR Portfolio S&P 500 ETF by 8.4% during the 3rd quarter. XY Planning Network Inc. now owns 130,578 shares of the company’s stock valued at $11,721,000 after buying an additional 10,105 shares during the period.
State Street SPDR Portfolio S&P 500 ETF Trading Down 1.1%
SPYM traded down $1.00 during trading hours on Wednesday, reaching $90.55. The company’s stock had a trading volume of 5,149,939 shares, compared to its average volume of 13,593,937. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $74.06 and a fifty-two week high of $92.00. The business’s 50-day moving average is $90.44 and its 200-day moving average is $87.27.
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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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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