Downshift Financial LLC Has $5.35 Million Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Downshift Financial LLC lifted its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 15.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,018 shares of the company’s stock after buying an additional 8,424 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises approximately 2.6% of Downshift Financial LLC’s portfolio, making the stock its 11th biggest position. Downshift Financial LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $5,347,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SPYM. Canvas Wealth Advisors LLC raised its position in State Street SPDR Portfolio S&P 500 ETF by 7.9% during the first quarter. Canvas Wealth Advisors LLC now owns 5,502 shares of the company’s stock valued at $421,000 after buying an additional 405 shares during the period. FLP Wealth Management LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the 1st quarter valued at about $840,000. Bogart Wealth LLC grew its stake in State Street SPDR Portfolio S&P 500 ETF by 233.4% during the 1st quarter. Bogart Wealth LLC now owns 967 shares of the company’s stock valued at $74,000 after acquiring an additional 677 shares in the last quarter. DGS Capital Management LLC increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 97.0% in the 1st quarter. DGS Capital Management LLC now owns 10,412 shares of the company’s stock valued at $797,000 after purchasing an additional 5,127 shares during the period. Finally, Ascentis Independent Advisors increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 103.9% in the 1st quarter. Ascentis Independent Advisors now owns 33,571 shares of the company’s stock valued at $2,570,000 after purchasing an additional 17,103 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Trading Down 0.2%

State Street SPDR Portfolio S&P 500 ETF stock opened at $88.26 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $72.71 and a twelve month high of $89.52. The firm’s 50 day moving average price is $87.08 and its two-hundred day moving average price is $82.63.

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.