PAX Financial Group LLC Increases Stake in State Street SPDR Portfolio S&P 500 ETF $SPYM

PAX Financial Group LLC grew its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM) by 1,848.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 117,505 shares of the company’s stock after buying an additional 111,473 shares during the period. State Street SPDR Portfolio S&P 500 ETF accounts for about 1.5% of PAX Financial Group LLC’s investment portfolio, making the stock its 16th largest position. PAX Financial Group LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $8,994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Greenleaf Trust purchased a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $438,343,000. TD Private Client Wealth LLC purchased a new stake in State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth $394,477,000. GM Advisory Group LLC bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $380,655,000. First Command Advisory Services Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at about $278,503,000. Finally, Spinnaker Trust purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at about $173,811,000.

State Street SPDR Portfolio S&P 500 ETF Stock Performance

Shares of State Street SPDR Portfolio S&P 500 ETF stock opened at $87.67 on Friday. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $72.69 and a twelve month high of $89.52. The business has a 50-day moving average price of $86.98 and a 200-day moving average price of $82.55.

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.