Bank of Nova Scotia lessened its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 12.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 333,410 shares of the company’s stock after selling 47,120 shares during the period. Bank of Nova Scotia’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $25,519,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. S. R. Schill & Associates purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $17,402,000. Serenus Wealth Advisors LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $1,215,000. Richardson Financial Services Inc. bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $8,138,000. Nations Financial Group Inc. IA ADV bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $8,458,000. Finally, Sovereign Financial Group Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 1st quarter valued at about $587,000.
State Street SPDR Portfolio S&P 500 ETF Stock Up 0.1%
Shares of NYSEARCA SPYM opened at $86.96 on Friday. The firm’s 50-day moving average price is $87.69 and its 200-day moving average price is $83.34. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $72.86 and a 52-week 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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