Ferguson Shapiro LLC Buys Shares of 255,861 State Street SPDR Portfolio S&P 500 ETF $SPYM

Ferguson Shapiro LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 255,861 shares of the company’s stock, valued at approximately $19,584,000. State Street SPDR Portfolio S&P 500 ETF comprises about 6.0% of Ferguson Shapiro LLC’s holdings, making the stock its 5th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Semitam Bonam LLC increased its position in shares of State Street SPDR Portfolio S&P 500 ETF by 0.3% in the 1st quarter. Semitam Bonam LLC now owns 53,250 shares of the company’s stock worth $4,076,000 after purchasing an additional 159 shares during the last quarter. Wilkins Miller Wealth Management LLC lifted its position in shares of State Street SPDR Portfolio S&P 500 ETF by 0.8% during the first quarter. Wilkins Miller Wealth Management LLC now owns 20,269 shares of the company’s stock worth $1,551,000 after purchasing an additional 166 shares during the last quarter. James J. Burns & Company LLC grew its stake in State Street SPDR Portfolio S&P 500 ETF by 6.6% in the first quarter. James J. Burns & Company LLC now owns 3,810 shares of the company’s stock worth $292,000 after purchasing an additional 235 shares in the last quarter. Provident Wealth Management LLC grew its stake in State Street SPDR Portfolio S&P 500 ETF by 3.8% in the first quarter. Provident Wealth Management LLC now owns 7,027 shares of the company’s stock worth $538,000 after purchasing an additional 256 shares in the last quarter. Finally, MBE Wealth Management LLC grew its stake in State Street SPDR Portfolio S&P 500 ETF by 1.9% in the first quarter. MBE Wealth Management LLC now owns 13,852 shares of the company’s stock worth $1,060,000 after purchasing an additional 256 shares in the last quarter.

State Street SPDR Portfolio S&P 500 ETF Price Performance

SPYM stock opened at $87.88 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $72.40 and a 12-month high of $89.52. The stock’s 50 day simple moving average is $86.72 and its 200 day simple moving average is $82.42.

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.