Penobscot Wealth Management increased its position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 1.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 793,804 shares of the company’s stock after acquiring an additional 14,818 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF comprises 18.0% of Penobscot Wealth Management’s holdings, making the stock its biggest position. Penobscot Wealth Management’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $60,758,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. VSM Wealth Advisory LLC acquired a new stake in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $28,000. ORG Wealth Partners LLC purchased a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth $29,000. Conquis Financial LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $31,000. Bartlett & CO. Wealth Management LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $32,000. Finally, Investment Research & Advisory Group Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $34,000.
State Street SPDR Portfolio S&P 500 ETF Trading Up 0.1%
Shares of SPYM opened at $86.31 on Friday. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $71.78 and a 12 month high of $89.52. The stock has a fifty day moving average price of $86.47 and a 200-day moving average price of $82.28.
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.
Featured Articles
- Five stocks we like better than State Street SPDR Portfolio S&P 500 ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
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).
Receive News & Ratings for State Street SPDR Portfolio S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Street SPDR Portfolio S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
