Highland Financial Advisors LLC lessened its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 3.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 528,512 shares of the company’s stock after selling 19,892 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises about 10.2% of Highland Financial Advisors LLC’s investment portfolio, making the stock its biggest holding. Highland Financial Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $46,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of SPYM. Advance Capital Management Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at $403,256,000. Private Advisor Group LLC grew its stake in shares of State Street SPDR Portfolio S&P 500 ETF by 3.7% in the 1st quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock worth $381,696,000 after buying an additional 178,017 shares in the last quarter. TD Private Client Wealth LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $394,477,000. GM Advisory Group LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 2.5% in the 1st quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock valued at $372,121,000 after acquiring an additional 116,648 shares during the last quarter. Finally, Gradient Investments LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 6.6% in the 2nd quarter. Gradient Investments LLC now owns 4,474,804 shares of the company’s stock valued at $393,246,000 after acquiring an additional 276,367 shares during the last quarter.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA SPYM opened at $91.00 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $74.06 and a 1-year high of $91.44. The business’s 50 day moving average is $87.91 and its two-hundred day moving average is $83.95.
State Street SPDR Portfolio S&P 500 ETF Company 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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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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