7,674 Shares in State Street SPDR Portfolio S&P 500 ETF $SPYM Acquired by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 7,674 shares of the company’s stock, valued at approximately $587,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ayalon Insurance Comp Ltd. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $1,256,000. Cullen Investment Group LTD. acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $776,000. Defender Capital LLC. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $738,000. Heartwood Wealth Advisors LLC bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $391,000. Finally, HWG Holdings LP acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at $3,599,000.

State Street SPDR Portfolio S&P 500 ETF Stock Down 1.4%

Shares of SPYM opened at $86.35 on Wednesday. The firm’s fifty day simple moving average is $86.27 and its two-hundred day simple moving average is $82.20. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $71.19 and a 12 month 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.