Fiduciary Alliance LLC grew its position in State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 895.8% during the first quarter, Holdings Channel reports. The firm owned 434,686 shares of the company’s stock after acquiring an additional 391,036 shares during the period. State Street SPDR Portfolio S&P 500 ETF makes up approximately 2.3% of Fiduciary Alliance LLC’s portfolio, making the stock its 4th largest position. Fiduciary Alliance LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $35,809,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of SPYM. Serenus Wealth Advisors LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $1,215,000. S. R. Schill & Associates purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $17,402,000. Nations Financial Group Inc. IA ADV acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $8,458,000. Richardson Financial Services Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at approximately $8,138,000. Finally, Sovereign Financial Group Inc. acquired a new stake in State Street SPDR Portfolio S&P 500 ETF during the 1st quarter valued at approximately $587,000.
State Street SPDR Portfolio S&P 500 ETF Stock Down 0.1%
SPYM stock opened at $86.26 on Thursday. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $71.45 and a 12 month high of $89.52. The firm’s fifty day simple moving average is $86.38 and its 200-day simple moving average is $82.24.
State Street SPDR Portfolio S&P 500 ETF Company 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.
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Want to see what other hedge funds are holding SPYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report).
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