Magnolia Private Wealth LLC purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,298 shares of the company’s stock, valued at approximately $505,000. Magnolia Private Wealth LLC owned 7.87% of State Street SPDR Portfolio S&P 500 ETF as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in SPYM. Greenleaf Trust purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $438,343,000. TD Private Client Wealth LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at approximately $394,477,000. 49 Wealth Management LLC bought a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $160,257,000. Crews Bank & Trust bought a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $91,162,000. Finally, ST Germain D J Co. Inc. purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth $77,894,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of SPYM stock opened at $87.42 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $67.70 and a 1 year high of $88.23. The firm has a fifty day moving average price of $81.54 and a 200-day moving average price of $80.82.
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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