Commonwealth Financial Services LLC raised its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 7.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 91,203 shares of the company’s stock after acquiring an additional 6,695 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up 1.1% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 26th largest position. Commonwealth Financial Services LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $6,981,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of SPYM. Serenus Wealth Advisors LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $1,215,000. S. R. Schill & Associates purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $17,402,000. Richardson Financial Services Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $8,138,000. Nations Financial Group Inc. IA ADV bought a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $8,458,000. Finally, Sovereign Financial Group Inc. bought a new position in State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at $587,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
NYSEARCA SPYM opened at $87.48 on Monday. The stock’s 50-day simple moving average is $87.67 and its two-hundred day simple moving average is $83.12. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $72.86 and a twelve month high of $89.52.
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.
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