State Street SPDR Portfolio S&P 500 ETF $SPYM is Investors Research Corp’s 4th Largest Position

Investors Research Corp boosted its stake in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 4.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 260,841 shares of the company’s stock after purchasing an additional 10,603 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up 4.1% of Investors Research Corp’s portfolio, making the stock its 4th biggest holding. Investors Research Corp’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $22,923,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. VSM Wealth Advisory LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $28,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 1st quarter valued at about $29,000. Conquis Financial LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $31,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $32,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at about $31,000.

State Street SPDR Portfolio S&P 500 ETF Price Performance

SPYM stock opened at $90.69 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $74.06 and a 1 year high of $91.44. The firm has a 50-day moving average of $87.94 and a 200 day moving average of $84.02.

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.