Bank of New York Mellon Corp boosted its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 34.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 846,766 shares of the company’s stock after acquiring an additional 217,804 shares during the quarter. Bank of New York Mellon Corp’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $64,811,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. S. R. Schill & Associates purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $17,402,000. Serenus Wealth Advisors LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth $1,215,000. Richardson Financial Services Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth $8,138,000. Nations Financial Group Inc. IA ADV acquired 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. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at about $587,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
NYSEARCA SPYM opened at $87.97 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $72.86 and a 52-week high of $89.52. The business’s 50-day moving average price is $87.72 and its 200 day moving average price is $83.27.
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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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).
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