Abound Financial LLC lessened its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 3.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 173,920 shares of the company’s stock after selling 6,847 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up about 5.8% of Abound Financial LLC’s portfolio, making the stock its 7th biggest holding. Abound Financial LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $13,312,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPYM. Serenus Wealth Advisors LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $1,215,000. S. R. Schill & Associates acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $17,402,000. Richardson Financial Services Inc. purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $8,138,000. Nations Financial Group Inc. IA ADV purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $8,458,000. Finally, Sovereign Financial Group Inc. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter worth $587,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
NYSEARCA:SPYM opened at $88.85 on Monday. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $72.71 and a 12 month high of $89.52. The business’s 50-day moving average is $87.43 and its two-hundred day moving average is $82.87.
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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