Redwood Investment Management LLC increased its stake in shares of State Street SPDR Portfolio S&P 500 ETF (NYSEARCA:SPYM – Free Report) by 35.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,814 shares of the company’s stock after buying an additional 24,059 shares during the quarter. State Street SPDR Portfolio S&P 500 ETF accounts for 0.9% of Redwood Investment Management LLC’s investment portfolio, making the stock its 20th largest holding. Redwood Investment Management LLC’s holdings in State Street SPDR Portfolio S&P 500 ETF were worth $7,027,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of SPYM. S. R. Schill & Associates bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF during the 4th quarter worth approximately $17,402,000. Serenus Wealth Advisors LLC purchased a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the 4th quarter worth approximately $1,215,000. Richardson Financial Services Inc. bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $8,138,000. Nations Financial Group Inc. IA ADV bought a new position in shares of State Street SPDR Portfolio S&P 500 ETF in the fourth quarter valued at approximately $8,458,000. Finally, Sovereign Financial Group Inc. purchased a new stake in shares of State Street SPDR Portfolio S&P 500 ETF during the first quarter valued at approximately $587,000.
State Street SPDR Portfolio S&P 500 ETF Price Performance
Shares of SPYM opened at $87.90 on Monday. The stock has a 50 day moving average of $87.68 and a 200 day moving average of $83.56. State Street SPDR Portfolio S&P 500 ETF has a 12 month low of $72.86 and a 12 month 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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