NewEdge Advisors LLC Boosts Holdings in State Street SPDR Portfolio S&P 500 ETF $SPYM

NewEdge Advisors LLC boosted its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 12.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,755,901 shares of the company’s stock after acquiring an additional 295,758 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for about 0.8% of NewEdge Advisors LLC’s holdings, making the stock its 20th biggest position. NewEdge Advisors LLC owned about 0.17% of State Street SPDR Portfolio S&P 500 ETF worth $210,937,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. VSM Wealth Advisory LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $28,000. Turtle Creek Wealth Advisors LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the first quarter valued at approximately $29,000. Conquis Financial LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $31,000. Strategic Wealth Advisors LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at $31,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the first quarter worth $31,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of SPYM opened at $90.61 on Thursday. The stock’s fifty day moving average price is $87.81 and its two-hundred day moving average price is $83.75. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $73.90 and a 1 year high of $91.44.

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.