Sequoia Financial Advisors LLC Reduces Holdings in State Street SPDR Portfolio S&P 500 ETF $SPYM

Sequoia Financial Advisors LLC trimmed its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 8.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 509,074 shares of the company’s stock after selling 49,164 shares during the period. Sequoia Financial Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $38,965,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. VSM Wealth Advisory LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $28,000. ORG Wealth Partners LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $29,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at $29,000. Conquis Financial LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $31,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $32,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of NYSEARCA:SPYM traded up $0.38 during trading on Friday, reaching $88.85. The stock had a trading volume of 17,378,611 shares, compared to its average volume of 14,448,313. The business has a fifty day moving average price of $87.43 and a 200-day moving average price of $82.85. State Street SPDR Portfolio S&P 500 ETF has a fifty-two week low of $72.71 and a fifty-two week high of $89.52.

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.