Perennial Advisors LLC raised its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 47.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 140,225 shares of the company’s stock after buying an additional 45,171 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up about 1.9% of Perennial Advisors LLC’s holdings, making the stock its 20th biggest holding. Perennial Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $12,323,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth approximately $53,754,000. Nations Financial Group Inc. IA ADV acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $8,458,000. Transcendent Capital Group LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth about $6,251,000. Private Trust Co. NA bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $2,724,000. Finally, OLD Second National Bank of Aurora bought a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $4,647,000.
State Street SPDR Portfolio S&P 500 ETF Stock Up 0.3%
NYSEARCA:SPYM opened at $90.94 on Thursday. The firm’s 50-day moving average price is $87.98 and its 200-day moving average price is $84.10. State Street SPDR Portfolio S&P 500 ETF has a 1-year low of $74.06 and a 1-year high of $91.44.
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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