Redwood Investment Management LLC increased its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 35.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 91,814 shares of the company’s stock after buying an additional 24,059 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises about 0.9% of Redwood Investment Management LLC’s holdings, making the stock its 20th biggest position. Redwood Investment Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $7,027,000 as of its most recent filing with the SEC.
Other hedge funds have also added to or reduced their stakes in the company. VSM Wealth Advisory LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $28,000. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 1st quarter worth approximately $29,000. Conquis Financial LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $31,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $32,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 1st quarter worth approximately $31,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
State Street SPDR Portfolio S&P 500 ETF stock opened at $87.90 on Monday. The business’s 50 day simple moving average is $87.68 and its 200 day simple moving average is $83.56. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $72.86 and a 12 month 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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