State Street SPDR Portfolio S&P 500 ETF $SPYM Position Reduced by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV trimmed its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 44.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,153 shares of the company’s stock after selling 40,488 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up about 0.5% of Acorn Financial Advisory Services Inc. ADV’s portfolio, making the stock its 28th largest holding. Acorn Financial Advisory Services Inc. ADV’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $3,915,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $28,000. ORG Wealth Partners LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $29,000. Conquis Financial LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $31,000. Bartlett & CO. Wealth Management LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $32,000. Finally, Investment Research & Advisory Group Inc. bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $34,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

Shares of NYSEARCA SPYM opened at $87.88 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $72.40 and a twelve month high of $89.52. The firm has a 50-day moving average of $86.72 and a two-hundred day moving average of $82.42.

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.