Advance Capital Management Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the first quarter, HoldingsChannel.com reports. The institutional investor purchased 5,268,562 shares of the company’s stock, valued at approximately $403,256,000. State Street SPDR Portfolio S&P 500 ETF makes up about 15.3% of Advance Capital Management Inc.’s portfolio, making the stock its 3rd largest holding.
Several other institutional investors and hedge funds also recently bought and sold shares of SPYM. VSM Wealth Advisory LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $28,000. ORG Wealth Partners LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $29,000. Turtle Creek Wealth Advisors LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 1st quarter worth about $29,000. Conquis Financial LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $31,000. Finally, Bartlett & CO. Wealth Management LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $32,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of NYSEARCA SPYM opened at $88.43 on Tuesday. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $72.69 and a 1 year high of $89.52. The firm has a 50-day simple moving average of $87.08 and a two-hundred day simple moving average of $82.63.
State Street SPDR Portfolio S&P 500 ETF 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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