BIP Wealth LLC lowered its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 6.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 122,340 shares of the company’s stock after selling 8,063 shares during the quarter. BIP Wealth LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $9,364,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in the business. Greenleaf Trust purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $438,343,000. TD Private Client Wealth LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $394,477,000. GM Advisory Group LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $380,655,000. First Command Advisory Services Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $278,503,000. Finally, Spinnaker Trust bought a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $173,811,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of State Street SPDR Portfolio S&P 500 ETF stock opened at $87.67 on Friday. The company’s fifty day simple moving average is $86.98 and its 200-day simple moving average is $82.55. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $72.69 and a 1-year 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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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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