Capital Advantage Inc. boosted its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 2.9% during the second quarter, Holdings Channel.com reports. The firm owned 247,625 shares of the company’s stock after purchasing an additional 7,011 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF makes up about 2.7% of Capital Advantage Inc.’s investment portfolio, making the stock its 11th biggest position. Capital Advantage Inc.’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $21,761,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Advance Capital Management Inc. bought a new position in State Street SPDR Portfolio S&P 500 ETF in the first quarter worth about $403,256,000. TD Private Client Wealth LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at about $394,477,000. GM Advisory Group LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $380,655,000. First Command Advisory Services Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $278,503,000. Finally, Spinnaker Trust bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $173,811,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
NYSEARCA:SPYM opened at $90.94 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $74.06 and a 52 week high of $91.44. The firm has a 50 day moving average of $87.98 and a 200 day moving average of $84.10.
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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