Spinnaker Trust increased its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 4.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,267,826 shares of the company’s stock after buying an additional 101,149 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises approximately 9.6% of Spinnaker Trust’s portfolio, making the stock its largest position. Spinnaker Trust owned about 0.14% of State Street SPDR Portfolio S&P 500 ETF worth $173,579,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in SPYM. Greenleaf Trust acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $438,343,000. TD Private Client Wealth LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $394,477,000. GM Advisory Group LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth $380,655,000. First Command Advisory Services Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth $278,503,000. Finally, Vicus Capital grew its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 24.9% during the 1st quarter. Vicus Capital now owns 2,262,820 shares of the company’s stock worth $173,196,000 after purchasing an additional 451,679 shares during the period.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA:SPYM opened at $87.18 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $72.36 and a 12-month high of $89.52. The business has a 50-day moving average price of $86.63 and a 200 day moving average price of $82.37.
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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