Apollon Financial LLC Invests $2.58 Million in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Apollon Financial LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 115,219 shares of the company’s stock, valued at approximately $2,580,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SPMB. State Street Corp lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 45.9% in the 2nd quarter. State Street Corp now owns 5,858,146 shares of the company’s stock valued at $129,465,000 after purchasing an additional 1,843,991 shares during the period. NewEdge Advisors LLC grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 185.1% during the 2nd quarter. NewEdge Advisors LLC now owns 3,093 shares of the company’s stock worth $68,000 after buying an additional 2,008 shares during the period. Diversify Advisory Services LLC grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 7.4% during the 2nd quarter. Diversify Advisory Services LLC now owns 81,062 shares of the company’s stock worth $1,787,000 after buying an additional 5,606 shares during the period. Quantinno Capital Management LP bought a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter valued at $455,000. Finally, Raymond James Financial Inc. increased its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 9.2% in the 2nd quarter. Raymond James Financial Inc. now owns 150,826 shares of the company’s stock valued at $3,333,000 after acquiring an additional 12,716 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

SPDR Portfolio Mortgage Backed Bond ETF stock opened at $22.41 on Monday. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.76 and a 12-month high of $22.87. The firm’s fifty day moving average is $22.27 and its 200 day moving average is $22.41.

SPDR Portfolio Mortgage Backed Bond ETF Company Profile

The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund tracks an index of US agency mortgage pass-through debt. SPMB was launched on Jan 15, 2009 and is managed by State Street.