Cutler Investment Counsel LLC Acquires 8,241 Shares of State Street SPDR Portfolio S&P 500 ETF $SPYM

Cutler Investment Counsel LLC increased its holdings in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 6.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 145,782 shares of the company’s stock after acquiring an additional 8,241 shares during the period. State Street SPDR Portfolio S&P 500 ETF comprises about 1.1% of Cutler Investment Counsel LLC’s investment portfolio, making the stock its 28th biggest position. Cutler Investment Counsel LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $11,158,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPYM. S. R. Schill & Associates bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $17,402,000. Serenus Wealth Advisors LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $1,215,000. Richardson Financial Services Inc. bought a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $8,138,000. Nations Financial Group Inc. IA ADV acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth $8,458,000. Finally, Sovereign Financial Group Inc. acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the 1st quarter worth $587,000.

State Street SPDR Portfolio S&P 500 ETF Trading Down 0.1%

Shares of SPYM opened at $87.36 on Tuesday. The business’s fifty day moving average price is $87.68 and its two-hundred day moving average price is $83.16. State Street SPDR Portfolio S&P 500 ETF has a 52 week low of $72.86 and a 52 week high of $89.52.

State Street SPDR Portfolio S&P 500 ETF 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.