Edgestream Partners L.P. Reduces Position in State Street SPDR Portfolio S&P 500 ETF $SPYM

Edgestream Partners L.P. lowered its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 77.5% in the first quarter, Holdings Channel.com reports. The fund owned 6,955 shares of the company’s stock after selling 24,006 shares during the quarter. Edgestream Partners L.P.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $532,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Greenleaf Trust bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $438,343,000. Advance Capital Management Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter worth about $403,256,000. Private Advisor Group LLC grew its holdings in shares of State Street SPDR Portfolio S&P 500 ETF by 3.7% in the first quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock worth $381,696,000 after purchasing an additional 178,017 shares during the last quarter. TD Private Client Wealth LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $394,477,000. Finally, GM Advisory Group LLC increased its stake in State Street SPDR Portfolio S&P 500 ETF by 2.5% in the 1st quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock worth $372,121,000 after buying an additional 116,648 shares during the period.

State Street SPDR Portfolio S&P 500 ETF Trading Up 1.8%

Shares of SPYM opened at $90.79 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $73.77 and a 1-year high of $91.04. The company has a 50-day moving average of $87.76 and a 200 day moving average of $83.68.

About State Street SPDR Portfolio S&P 500 ETF

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.