Asset Allocation Strategies LLC lifted its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 96.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 440,487 shares of the company’s stock after purchasing an additional 216,660 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises 6.0% of Asset Allocation Strategies LLC’s portfolio, making the stock its largest position. Asset Allocation Strategies LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $33,715,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the company. VSM Wealth Advisory LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $28,000. ORG Wealth Partners LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth $29,000. Conquis Financial LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $31,000. Bartlett & CO. Wealth Management LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $32,000. Finally, Investment Research & Advisory Group Inc. acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $34,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
NYSEARCA:SPYM opened at $85.76 on Monday. The firm has a 50-day moving average of $86.54 and a two-hundred day moving average of $82.32. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $71.86 and a 1-year high of $89.52.
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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