Lincoln Capital Corp increased its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 9.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 287,826 shares of the company’s stock after purchasing an additional 24,256 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for 8.5% of Lincoln Capital Corp’s holdings, making the stock its biggest holding. Lincoln Capital Corp’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $25,835,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPYM. Range Advisory LLC boosted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 65.5% during the 2nd quarter. Range Advisory LLC now owns 38,788 shares of the company’s stock valued at $3,409,000 after purchasing an additional 15,350 shares during the last quarter. HWG Holdings LP purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the third quarter valued at about $5,708,000. SFG Wealth Management LLC. increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 11.0% in the second quarter. SFG Wealth Management LLC. now owns 526,644 shares of the company’s stock worth $46,281,000 after purchasing an additional 52,090 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 3.4% in the second quarter. Sequoia Financial Advisors LLC now owns 526,150 shares of the company’s stock worth $46,238,000 after purchasing an additional 17,076 shares during the last quarter. Finally, Sovereign Financial Group Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter worth about $587,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA:SPYM traded down $0.03 during mid-day trading on Tuesday, reaching $91.55. The stock had a trading volume of 10,323,607 shares, compared to its average volume of 13,640,404. The business’s 50 day moving average price is $90.43 and its 200 day moving average price is $87.17. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $74.06 and a 1 year high of $92.00.
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.
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