World Equity Group Inc. boosted its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 193.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 37,691 shares of the company’s stock after purchasing an additional 24,865 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises about 0.7% of World Equity Group Inc.’s investment portfolio, making the stock its 29th biggest position. World Equity Group Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $3,312,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in SPYM. Professional Financial Advisors LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF by 2.3% during the 2nd quarter. Professional Financial Advisors LLC now owns 14,370 shares of the company’s stock valued at $1,263,000 after purchasing an additional 328 shares during the last quarter. Next Level Private LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the second quarter worth approximately $223,000. Focus Financial Network Inc. boosted its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 30.7% in the second quarter. Focus Financial Network Inc. now owns 278,605 shares of the company’s stock worth $24,484,000 after buying an additional 65,521 shares during the last quarter. Wealthcare Capital Management LLC grew its position in State Street SPDR Portfolio S&P 500 ETF by 1.6% during the second quarter. Wealthcare Capital Management LLC now owns 106,384 shares of the company’s stock valued at $9,349,000 after buying an additional 1,719 shares during the period. Finally, HF Advisory Group LLC grew its position in State Street SPDR Portfolio S&P 500 ETF by 0.8% during the second quarter. HF Advisory Group LLC now owns 52,889 shares of the company’s stock valued at $4,648,000 after buying an additional 429 shares during the period.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of SPYM stock opened at $91.01 on Monday. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $74.06 and a 12 month high of $91.44. The company has a 50 day simple moving average of $87.88 and a two-hundred day simple moving average of $83.88.
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.
Further Reading
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- Albemarle’s Blowout Quarter Shows Why Lithium Still Matters
- Can DICK’S Turn Foot Locker Into a Winner?
- Why Dutch Bros Plunged Despite a Q2 Earnings Beat and Record Revenue
- Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War
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).
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.
