Sequoia Financial Advisors LLC reduced its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 8.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 509,074 shares of the company’s stock after selling 49,164 shares during the period. Sequoia Financial Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $38,965,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the company. Serenus Wealth Advisors LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $1,215,000. S. R. Schill & Associates purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $17,402,000. Richardson Financial Services Inc. acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $8,138,000. Nations Financial Group Inc. IA ADV acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $8,458,000. Finally, Sovereign Financial Group Inc. purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the 1st quarter valued at $587,000.
State Street SPDR Portfolio S&P 500 ETF Stock Performance
SPYM traded up $0.38 during trading on Friday, hitting $88.85. The stock had a trading volume of 17,378,611 shares, compared to its average volume of 14,448,313. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $72.71 and a twelve month high of $89.52. The company’s 50-day moving average price is $87.43 and its 200 day moving average price is $82.85.
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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