NBZ Investment Advisors LLC raised its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 98.0% in the 1st quarter, Holdings Channel reports. The firm owned 399,068 shares of the company’s stock after purchasing an additional 197,519 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for 13.3% of NBZ Investment Advisors LLC’s investment portfolio, making the stock its largest holding. NBZ Investment Advisors LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $30,545,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Greenleaf Trust bought a new stake in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter valued at $438,343,000. Advance Capital Management Inc. bought a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $403,256,000. TD Private Client Wealth LLC acquired a new position in State Street SPDR Portfolio S&P 500 ETF during the fourth quarter worth $394,477,000. GM Advisory Group LLC acquired a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $380,655,000. Finally, First Command Advisory Services Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter worth approximately $278,503,000.
State Street SPDR Portfolio S&P 500 ETF Stock Down 0.8%
SPYM opened at $88.18 on Tuesday. The firm’s fifty day moving average price is $87.50 and its two-hundred day moving average price is $82.92. State Street SPDR Portfolio S&P 500 ETF has a 1 year low of $72.71 and a 1 year 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.
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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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