Axxcess Wealth Management LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 95.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 157,435 shares of the company’s stock after acquiring an additional 76,680 shares during the period. Axxcess Wealth Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $12,050,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Greenleaf Trust acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth about $438,343,000. Advance Capital Management Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter worth about $403,256,000. Private Advisor Group LLC raised its position in State Street SPDR Portfolio S&P 500 ETF by 3.7% in the 1st quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after buying an additional 178,017 shares during the last quarter. TD Private Client Wealth LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at approximately $394,477,000. Finally, GM Advisory Group LLC lifted its stake in State Street SPDR Portfolio S&P 500 ETF by 2.5% in the 1st quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock valued at $372,121,000 after acquiring an additional 116,648 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Trading Down 0.5%
NYSEARCA SPYM opened at $88.00 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $72.71 and a 12-month high of $89.52. The firm’s 50 day moving average is $87.16 and its 200-day moving average is $82.68.
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.
See Also
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
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).
Receive News & Ratings for State Street SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Street SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
