Scarborough Advisors LLC lowered its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 9.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 363,105 shares of the company’s stock after selling 36,099 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up 3.0% of Scarborough Advisors LLC’s holdings, making the stock its 7th largest position. Scarborough Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $27,792,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of SPYM. Ayalon Insurance Comp Ltd. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $1,256,000. Cullen Investment Group LTD. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $776,000. Defender Capital LLC. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $738,000. Heartwood Wealth Advisors LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $391,000. Finally, HWG Holdings LP acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $3,599,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA SPYM opened at $87.48 on Monday. The firm has a fifty day moving average of $87.67 and a 200 day moving average of $83.12. State Street SPDR Portfolio S&P 500 ETF has a one year low of $72.86 and a one 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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