IFG Advisory LLC grew its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 45.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 660,778 shares of the company’s stock after acquiring an additional 205,329 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises 2.0% of IFG Advisory LLC’s investment portfolio, making the stock its 3rd largest position. IFG Advisory LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $59,311,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Ashurst Perkins Coie Trust Co bought a new position in State Street SPDR Portfolio S&P 500 ETF in the third quarter valued at $26,000. Prudent Man Investment Management Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the third quarter valued at about $26,000. SYM FINANCIAL Corp purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the third quarter valued at about $27,000. Integrity Financial Corp WA purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the second quarter valued at about $29,000. Finally, Highland Investment Advisors LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the second quarter worth about $29,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
SPYM stock traded down $0.36 during mid-day trading on Friday, hitting $88.77. 10,376,077 shares of the stock were exchanged, compared to its average volume of 13,430,852. The business has a fifty day moving average price of $89.95 and a 200 day moving average price of $86.11. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $92.00. The stock has a market capitalization of $184.64 billion, a price-to-earnings ratio of 23.80 and a beta of 1.01.
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.
Featured Articles
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- Intuitive Machines’ Business Is Taking Off—Will Its Stock Follow?
- The Next Big Thing May Not Be One Thing: Inside Lazard’s Megatrends ETF
- 3 Power and Grid Stocks That Could Keep Growing Even if AI Spending Slows
- Applied Materials Beats and Raises, But Investors Stay Unconvinced
Receive News & Ratings for State Street SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Street SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
