WorthPointe LLC raised its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 6.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 121,212 shares of the company’s stock after purchasing an additional 7,805 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for 2.6% of WorthPointe LLC’s investment portfolio, making the stock its 10th largest holding. WorthPointe LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $10,652,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the company. Nicholas Hoffman & Company LLC. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $398,000. Crestwood Advisors Group LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $14,316,000. Winch Advisory Services LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $74,000. FSB Premier Wealth Management Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $10,882,000. Finally, Washington Trust Advisors Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $61,000.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.5%
NYSEARCA:SPYM opened at $90.07 on Thursday. The stock has a 50-day moving average price of $88.93 and a 200 day moving average price of $85.06. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month high of $91.74.
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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