Fifth Third Securities Inc. bought a new position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 358,806 shares of the company’s stock, valued at approximately $32,206,000. State Street SPDR Portfolio S&P 500 ETF accounts for 1.6% of Fifth Third Securities Inc.’s holdings, making the stock its 11th biggest holding.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ashurst Perkins Coie Trust Co purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the 3rd quarter worth about $26,000. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 1st quarter valued at about $29,000. Integrity Financial Corp WA bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at $29,000. Highland Investment Advisors LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the second quarter valued at about $29,000. Finally, Strategic Wealth Advisors LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $31,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA:SPYM traded up $0.49 during midday trading on Wednesday, reaching $91.03. 4,134,539 shares of the company were exchanged, compared to its average volume of 13,499,851. State Street SPDR Portfolio S&P 500 ETF has a one year low of $74.06 and a one year high of $92.00. The business’s fifty day moving average is $90.41 and its two-hundred day moving average is $87.79.
About State Street SPDR Portfolio S&P 500 ETF
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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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).
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