State Street SPDR Portfolio S&P 500 ETF $SPYM Stock: Tortoise Investment Management LLC Increases Stake

Tortoise Investment Management LLC grew its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 4.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 199,241 shares of the company’s stock after purchasing an additional 9,037 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up approximately 1.3% of Tortoise Investment Management LLC’s portfolio, making the stock its 21st biggest position. Tortoise Investment Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $17,884,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Point Windward Advisors Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the third quarter worth $264,000. CENTRAL TRUST Co purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 3rd quarter valued at $181,000. Fifth Third Bancorp grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 6.3% in the 3rd quarter. Fifth Third Bancorp now owns 832,206 shares of the company’s stock worth $74,699,000 after acquiring an additional 49,073 shares during the last quarter. Schwallier Wealth Management LLC grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 23.1% in the 3rd quarter. Schwallier Wealth Management LLC now owns 154,110 shares of the company’s stock worth $13,833,000 after acquiring an additional 28,965 shares during the last quarter. Finally, Spectrum Planning & Advisory Services Inc. grew its holdings in State Street SPDR Portfolio S&P 500 ETF by 2.6% in the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 182,052 shares of the company’s stock worth $16,341,000 after acquiring an additional 4,610 shares during the last quarter.

State Street SPDR Portfolio S&P 500 ETF Trading Down 0.3%

SPYM stock opened at $89.13 on Friday. The stock has a market capitalization of $185.39 billion, a price-to-earnings ratio of 23.80 and a beta of 1.01. The firm’s 50-day moving average price is $90.00 and its two-hundred day moving average price is $86.07. State Street SPDR Portfolio S&P 500 ETF has a 12-month low of $74.06 and a 12-month high of $92.00.

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.