Wealthfront Advisers LLC increased its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 48.3% in the first quarter, HoldingsChannel reports. The firm owned 26,707 shares of the company’s stock after buying an additional 8,700 shares during the quarter. Wealthfront Advisers LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $2,044,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. S. R. Schill & Associates acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth about $17,402,000. Serenus Wealth Advisors LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $1,215,000. Richardson Financial Services Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $8,138,000. Nations Financial Group Inc. IA ADV purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $8,458,000. Finally, Sovereign Financial Group Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the first quarter worth approximately $587,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
Shares of NYSEARCA SPYM opened at $87.36 on Tuesday. The firm’s 50 day moving average price is $87.68 and its 200 day moving average price is $83.16. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $72.86 and a 1 year high of $89.52.
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.
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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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