State Street SPDR Portfolio S&P 500 ETF $SPYM is Revere Asset Management Inc’s Largest Position

Revere Asset Management Inc lifted its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 12.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,364,681 shares of the company’s stock after acquiring an additional 155,538 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 46.2% of Revere Asset Management Inc’s investment portfolio, making the stock its largest holding. Revere Asset Management Inc’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $119,928,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. WealthShield Partners LLC grew its position in shares of State Street SPDR Portfolio S&P 500 ETF by 0.4% in the 1st quarter. WealthShield Partners LLC now owns 28,613 shares of the company’s stock worth $2,190,000 after buying an additional 124 shares during the last quarter. PFG Investments LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 4.4% during the 1st quarter. PFG Investments LLC now owns 3,059 shares of the company’s stock valued at $234,000 after purchasing an additional 130 shares during the last quarter. Capasso Planning Partners LLC lifted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 4.5% during the 1st quarter. Capasso Planning Partners LLC now owns 3,505 shares of the company’s stock valued at $268,000 after purchasing an additional 152 shares during the last quarter. Semitam Bonam LLC boosted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 0.3% in the 1st quarter. Semitam Bonam LLC now owns 53,250 shares of the company’s stock worth $4,076,000 after purchasing an additional 159 shares in the last quarter. Finally, McHugh Group LLC boosted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 0.3% in the 2nd quarter. McHugh Group LLC now owns 52,685 shares of the company’s stock worth $4,630,000 after purchasing an additional 165 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Trading Down 0.4%

NYSEARCA:SPYM traded down $0.40 during mid-day trading on Monday, hitting $89.32. 13,421,605 shares of the company’s stock traded hands, compared to its average volume of 13,647,867. The company has a fifty day moving average of $89.35 and a 200 day moving average of $85.54. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $74.06 and a twelve month high of $91.74.

State Street SPDR Portfolio S&P 500 ETF 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.