IFP Advisors Inc grew its holdings in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 17.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 632,889 shares of the company’s stock after acquiring an additional 93,035 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 1.0% of IFP Advisors Inc’s holdings, making the stock its 10th largest holding. IFP Advisors Inc’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $55,618,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Highland Investment Advisors LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter worth about $29,000. Integrity Financial Corp WA purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 2nd quarter valued at approximately $29,000. VSM Wealth Advisory LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $28,000. Sound Financial Strategies Group LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the second quarter valued at about $264,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the 1st quarter worth about $29,000.
State Street SPDR Portfolio S&P 500 ETF Stock Down 0.6%
Shares of SPYM opened at $90.17 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 52-week low of $74.06 and a 52-week high of $91.74. The firm’s fifty day moving average is $89.24 and its two-hundred day moving average is $85.35.
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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