PAX Financial Group LLC Grows Stock Holdings in State Street SPDR Portfolio S&P 500 ETF $SPYM

PAX Financial Group LLC grew its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 1,848.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,505 shares of the company’s stock after acquiring an additional 111,473 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for 1.5% of PAX Financial Group LLC’s holdings, making the stock its 16th biggest holding. PAX Financial Group LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $8,994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Serenus Wealth Advisors LLC bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $1,215,000. S. R. Schill & Associates bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth $17,402,000. Nations Financial Group Inc. IA ADV bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth $8,458,000. 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 $8,138,000. Finally, Sovereign Financial Group Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at $587,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

SPYM stock opened at $87.67 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $72.69 and a 1-year high of $89.52. The business has a 50-day moving average price of $86.98 and a 200 day moving average price of $82.55.

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.