Cvfg LLC acquired a new position in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 202,616 shares of the company’s stock, valued at approximately $15,508,000. State Street SPDR Portfolio S&P 500 ETF accounts for approximately 1.9% of Cvfg LLC’s portfolio, making the stock its 8th largest position.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYM. Greenleaf Trust bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter valued at $438,343,000. Advance Capital Management Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the first quarter worth $403,256,000. Private Advisor Group LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 3.7% in the first quarter. Private Advisor Group LLC now owns 4,986,884 shares of the company’s stock valued at $381,696,000 after purchasing an additional 178,017 shares in the last quarter. TD Private Client Wealth LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at about $394,477,000. Finally, GM Advisory Group LLC raised its stake in State Street SPDR Portfolio S&P 500 ETF by 2.5% in the first quarter. GM Advisory Group LLC now owns 4,861,791 shares of the company’s stock valued at $372,121,000 after purchasing an additional 116,648 shares in the last quarter.
State Street SPDR Portfolio S&P 500 ETF Stock Down 0.5%
SPYM opened at $88.00 on Wednesday. State Street SPDR Portfolio S&P 500 ETF has a twelve month low of $72.71 and a twelve month high of $89.52. The company has a 50-day simple moving average of $87.16 and a 200 day simple moving average of $82.68.
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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